Jeffrey S. Sloan - 22 Feb 2021 Form 4 Insider Report for GLOBAL PAYMENTS INC (GPN)

Signature
/s/ David L. Green, attorney-in-fact for Jeffrey S. Sloan
Issuer symbol
GPN
Transactions as of
22 Feb 2021
Transactions value $
$13,223,533
Form type
4
Filing time
28 Feb 2022, 18:24:26 UTC
Next filing
15 Jun 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GPN Common Stock Tax liability $-343,010 -2,532 -0.72% $135.47 348,583 24 Feb 2022 Direct F1
transaction GPN Common Stock Award $5,902,061 +42,896 +12.3% $137.59 391,479 25 Feb 2022 Direct F2
transaction GPN Common Stock Tax liability $-3,105,681 -22,572 -5.77% $137.59 368,907 25 Feb 2022 Direct F1
holding GPN Common Stock 11,960 22 Feb 2021 By the Jeffrey S. Sloan Family Trust F3
holding GPN Common Stock 138,270 22 Feb 2021 By the Sloan Descendants' Trust F4
holding GPN Common Stock 51,068 22 Feb 2021 The 2020 Mid-Year Jeffrey S Sloan Grantor Retained Annuity Trust
holding GPN Common Stock 38,373 22 Feb 2021 By the Jeffrey S. Sloan Grantor Retained Annuity Trust F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GPN Non-qualified Stock Option (Right to Buy) Award $10,770,164 +54,933 $196.06 54,933 22 Feb 2021 Common Stock 54,933 $196.06 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the disposition of shares to the company to cover taxes on the vesting of awards.
F2 Represents shares of fully-vested stock issued as a result of the vesting of performance-based restricted stock units which were originally granted on February 25, 2019 and were earned based on the company's achievement of an adjusted earnings per share growth target over a three-year performance period.
F3 These shares are held in a trust for the benefit of the reporting person's children. The reporting person's spouse is a trustee of the 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, except to the extent of his pecuniary interest.
F4 These shares are held in a trust for the benefit of the reporting person's lineal descendants. The reporting person's spouse is a trustee of the 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, except to the extent of his pecuniary interest.
F5 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, except to the extent of his pecuniary interest.
F6 Represents unvested options to purchase shares of common stock, which were granted to the reporting person as compensation and were inadvertently omitted from reporting on the applicable Form 4.