SEC Form 4 · accession 0001127602-16-060047
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 8, 2016
Accepted (ET)
Aug 10, 2016 · 8:50 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 8, 2016 | M | 8,400 | $21.02 | A | 172,060 | D | |
| Common StockF1 | Aug 8, 2016 | S | 8,400 | $74.71 | D | 163,660 | D | |
| Common Stock | Aug 9, 2016 | M | 25,266 | $21.02 | A | 188,926 | D | |
| Common Stock | Aug 9, 2016 | M | 25,190 | $21.09 | A | 214,116 | D | |
| Common Stock | Aug 9, 2016 | M | 30,082 | $18.70 | A | 244,198 | D | |
| Common StockF2 | Aug 9, 2016 | S | 57,323 | $74.96 | D | 186,875 | D | |
| Common StockF3 | Aug 9, 2016 | S | 23,215 | $75.46 | 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)F4 | $21.015 | Aug 8, 2016 | M | 8,400 | D | — | Nov 3, 2018 | Common Stock | 8,400 | 25,266 | D |
| Non-qualified Stock Option (Right to Buy)F4 | $21.015 | Aug 9, 2016 | M | 25,266 | D | — | Nov 3, 2018 | Common Stock | 25,266 | 0 | D |
| Non-qualified Stock Option (Right to Buy)F5 | $21.09 | Aug 9, 2016 | M | 25,190 | D | — | Jul 29, 2019 | Common Stock | 25,190 | 0 | D |
| Non-qualified Stock Option (Right to Buy)F6 | $18.70 | Aug 9, 2016 | M | 30,082 | D | — | Jul 29, 2020 | Common Stock | 30,082 | 0 | D |
Explanation of responses
- F1The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.54 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.
- F2The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.20 to $75.20, 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
- F3The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.21 to $75.94, 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.
- F4This 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.
- F5The option became exercisable in 25% increments on the first (July 29, 2010), second (July 29, 2011), third July 29, 2012), and fourth (July 29, 2013) anniversary of the grant.
- F6The option became exercisable in 25% increments on the first (July 29, 2011), second (July 29, 2012), third (July 29, 2013), and fourth (July 29, 2014) anniversary of the grant.