SEC Form 4 · accession 0001127602-16-059911
GLOBAL PAYMENTS INC · GPN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David E Mangum
Officer — President and COO
Period of report
Aug 5, 2016
Accepted (ET)
Aug 9, 2016 · 4:17 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 | Aug 5, 2016 | M | 6,334 | $74.70 | A | 186,994 | D | |
| Common StockF1 | Aug 5, 2016 | S | 23,334 | $74.70 | D | 163,660 | 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)F2 | $21.015 | Aug 5, 2016 | M | 6,334 | D | — | Nov 3, 2018 | Common Stock | 6,334 | 33,666 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.50 to $75.08, inclusive. The reporting person undertakes to provide to the issuer, any security holder of issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth above.
- F2This grant became exercisable in 25% increments on the first (November 3, 2009, second (November 3, 2010), third (November 3, 2011) and fourth (November 3, 2012) anniversary of the grant date.