SEC Form 4 · accession 0001127602-17-026112
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
Aug 18, 2017
Accepted (ET)
Aug 21, 2017 · 5:12 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 18, 2017 | A | 125,788 | $93.76 | A | 274,562 | D | |
| Common Stock | Aug 18, 2017 | F | 65,341 | $93.76 | D | 209,221 | D | |
| Common StockF3 | holding | — | — | — | 35,035 | I | By Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares of fully-vested stock issued as a result of the vesting of performance-based restricted stock units which were originally granted on August 18, 2014 and were earned based on the company's achievement of an adjusted earnings per share growth target over a three-year performance period.
- F2Represents the disposition of shares to the company to cover taxes on the vesting of awards.
- F3Shares held by the Jeffrey S. Sloan Grantor Retained Annuity Trust (the "Trust"). The reporting person disclaims beneficial ownership of the securities held through the Trust and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose, except to the extent of his pecuniary interest.