SEC Form 4 · accession 0001127602-17-021421
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
Jun 12, 2017
Accepted (ET)
Jun 14, 2017 · 4:31 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 | Jun 12, 2017 | M | 50,000 | $20.72 | A | 312,572 | D | |
| Common StockF1 | Jun 12, 2017 | S | 17,510 | $87.93 | D | 295,062 | D | |
| Common StockF2 | Jun 12, 2017 | S | 41,800 | $88.97 | D | 253,262 | D | |
| Common StockF3 | Jun 12, 2017 | S | 94,143 | $89.54 | D | 159,119 | D | |
| Common Stock | 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 | $20.72 | Jun 12, 2017 | M | 50,000 | D | — | Jun 1, 2020 | Common Stock | 50,000 | 0 | 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 $87.33 to $88.32, 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 in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $88.34 to $89.34, 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 in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $89.35 to $90.03, 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 (June 1, 2011), second (June 1, 2012), third (June 1, 2013), and fourth (June 1, 2014) anniversary of the grant date.