SEC Form 4 · accession 0001127602-19-010650
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
Mar 7, 2019
Accepted (ET)
Mar 8, 2019 · 6:45 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 | Mar 7, 2019 | M | 112,686 | $35.775 | A | 579,207 | D | |
| Common StockF1 | Mar 7, 2019 | S | 81,289 | $129.44 | D | 497,918 | D | |
| Common StockF2 | Mar 7, 2019 | S | 66,256 | $129.82 | D | 431,662 | D | |
| Common Stock | Mar 8, 2019 | M | 20,000 | $35.775 | A | 451,662 | D | |
| Common StockF3 | Mar 8, 2019 | S | 7,715 | $129.06 | D | 443,947 | D | |
| Common StockF4 | Mar 8, 2019 | S | 11,997 | $129.67 | D | 431,950 | D | |
| Common StockF5 | Mar 8, 2019 | S | 288 | $130.33 | D | 431,662 | D | |
| Common StockF6 | 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)F7 | $35.775 | Mar 7, 2019 | M | 112,686 | D | — | Aug 18, 2024 | Common Stock | 112,686 | 20,000 | D |
| Non-qualified Stock Option (Right to Buy)F7 | $35.775 | Mar 8, 2019 | M | 20,000 | D | — | Aug 18, 2024 | Common Stock | 20,000 | 0 | D |
Explanation of responses
- F1Reflects the weighted average sale price. The range of prices for such transaction is $128.64 to $129.63. 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 $129.64 to $130.11. 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.
- F3Reflects the weighted average sale price. The range of prices for such transaction is $128.31 to $129.30. 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.
- F4Reflects the weighted average sale price. The range of prices for such transaction is $129.31 to $130.30. 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.
- F5Reflects the weighted average sale price. The range of prices for such transaction is $130.31 to $130.35. 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.
- F6Shares 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.
- F7This grant became exercisable in 33.33% increments on the first (August 18, 2015), second (August 18, 2016), and third (August 18, 2017) anniversary of the grant date.