SEC Form 4 · accession 0001127602-17-010282
GLOBAL PAYMENTS INC · GPN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey Steven Sloan
Officer — CEO · Director
Period of report
Mar 1, 2017
Accepted (ET)
Mar 3, 2017 · 5:51 pm EST
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 StockF2 | Mar 1, 2017 | A | 18,880 | $79.45 | A | 262,572 | D | |
| Common StockF2,F3 | holding | — | — | — | 35,035 | I | By Trust |
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 | $79.45 | Mar 1, 2017 | A | 63,345 | A | — | Mar 1, 2027 | Common Stock | 63,345 | 63,345 | 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.
- F2Balance includes transfer of 25,977 shares from indirect ownership to direct ownership.
- F3Held by grantor retained annuity trust.
- F4Represents 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.