SEC Form 4 · accession 0001127602-16-059346
GLOBAL PAYMENTS INC · GPN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Guido Francesco Sacchi
Officer — EVP and CIO
Period of report
Jul 29, 2016
Accepted (ET)
Aug 2, 2016 · 8:43 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001123360
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jul 29, 2016 | A | 1,870 | $74.66 | A | 34,988 | D | |
| Common Stock | Jul 30, 2016 | F | 2,684 | $74.66 | D | 32,304 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-qualified Stock Option (Right to Buy)F3 | $74.99 | Jul 29, 2016 | A | 6,382 | A | — | Jul 29, 2026 | Common Stock | 6,382 | 6,382 | D |
Explanation of responses
- F1Represents restricted shares of common stock, which were granted to the reporting person as compensation. The restricted shares will vest in equal installments on each of the first three anniversaries of the grant date.
- F2Represents the disposition of shares to the company to cover taxes on the vesting of awards.
- F3Represents unvested options to purchase shares of common stock, which were granted to the reporting person as compensation. The stock options will vest in equal installments in each of the first three anniversaries of the grant date.