SEC Form 4 · accession 0001127602-19-008683
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
Feb 25, 2019
Accepted (ET)
Feb 27, 2019 · 4:16 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 25, 2019 | A | 21,448 | $128.22 | A | 477,661 | D | |
| Common Stock | Feb 26, 2019 | F | 8,301 | $128.40 | D | 469,360 | D | |
| Common StockF3 | holding | — | — | — | 11,960 | I | By the Jeffrey S. Sloan Family 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 | $128.22 | Feb 25, 2019 | A | 69,445 | A | — | Feb 25, 2029 | Common Stock | 69,445 | 69,445 | 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.
- F2Represents the disposition of shares to the company to cover taxes on the vesting of awards.
- F3Shares are held in the Jeffrey S. Sloan Family Trust. The reporting person disclaims beneficial ownership of these securities 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.
- 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.