SEC Form 4 · accession 0001127602-19-011243
GLOBAL PAYMENTS INC · GPN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cameron M Bready
Officer — Senior Executive VP and CFO
Period of report
Mar 11, 2019
Accepted (ET)
Mar 13, 2019 · 4:32 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 | Mar 11, 2019 | M | 16,000 | $55.92 | A | 138,520 | D | |
| Common StockF1 | Mar 11, 2019 | S | 34,308 | $131.33 | D | 104,212 | 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)F2 | $55.92 | Mar 11, 2019 | M | 16,000 | D | — | Jul 30, 2025 | Common Stock | 16,000 | 3,780 | D |
Explanation of responses
- F1Reflects the weighted average sale price. The range of prices for such transaction is $131.11 to $131.95. 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.
- F2This grant became exercisable in 33.33% increments on the first (July 30, 2016), second (July 30, 2017), and third (July 30, 2018) anniversary of the grant date.