SEC Form 4 · accession 0001127602-18-009352
GLOBAL PAYMENTS INC · GPN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ruth Ann Marshall
Director
Period of report
Feb 27, 2018
Accepted (ET)
Mar 1, 2018 · 4:19 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 Stock | Feb 27, 2018 | M | 6,250 | $21.89 | A | 42,330 | D | |
| Common StockF1,F2 | Feb 27, 2018 | S | 6,250 | $114.32 | D | 36,080 | 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 | $21.89 | Feb 27, 2018 | M | 6,250 | D | — | Sep 29, 2018 | Common Stock | 6,250 | 6,250 | D |
Explanation of responses
- F1Reflects the weighted average sale price. The range of prices for such transaction is $114.00 to $114.76. The reporting person effected multiple same-way open market sale transactions 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.
- F2Balance includes shares acquired under the company's dividend reinvestment plan.
- F3This grant became exercisable in 25% increments on the first (September 29, 2009), second (September 29, 2010), third (September 29, 2011) and fourth (September 29, 2012) anniversary of the grant date.