SEC Form 4 · accession 0001127602-17-026405
GLOBAL PAYMENTS INC · GPN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Guido Francesco Sacchi
Officer — EVP and CIO
Period of report
Aug 22, 2017
Accepted (ET)
Aug 24, 2017 · 4:18 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 22, 2017 | M | 6,880 | $35.775 | A | 34,622 | D | |
| Common Stock | Aug 22, 2017 | M | 4,220 | $55.92 | A | 38,842 | D | |
| Common StockF1 | Aug 22, 2017 | S | 11,100 | $95.79 | D | 27,742 | D | |
| Common StockF2 | Aug 22, 2017 | S | 14,827 | $94.79 | D | 12,915 | 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)F3 | $35.775 | Aug 22, 2017 | M | 6,880 | D | — | Aug 18, 2024 | Common Stock | 6,880 | 0 | D |
| Non-qualified Stock Option (Right to Buy)F4 | $55.92 | Aug 22, 2017 | M | 4,220 | D | — | Jul 30, 2025 | Common Stock | 4,220 | 4,220 | D |
Explanation of responses
- F1Reflects the weighted average sale price. The range of prices for such transaction is $95.77 to $95.87. Open market sale transactions were made on the same day at different prices through a trade order executed by a broker-dealer. The reporting person has reported on a single line all such transactions that occurred within a one dollar price range. The reporting person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer or a shareholder of the issuer, full information regarding the number of shares sold at each separate price.
- F2Reflects the weighted average sale price. The range of prices for such transaction is $94.62 to $95.07. Open market sale transactions were made on the same day at different prices through a trade order executed by a broker-dealer. The reporting person has reported on a single line all such transactions that occurred within a one dollar price range. The reporting person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer or a shareholder of the issuer, full information regarding the number of shares sold at each separate price.
- F3This grant became exercisable in 33% increments on the first (August 18, 2015), second (August 18, 2016) and third (August 18, 2017) anniversary of the grant date.
- F4This grant became or will become exercisable in 33% increments on the first (July 30, 2016), second (July 30, 2017) and third (July 30, 2018) anniversary of the grant date.