Jeffrey Steven Sloan - May 12, 2021 Form 4 Insider Report for GLOBAL PAYMENTS INC (GPN)

Role
CEO, Director
Signature
/s/ David L. Green, attorney-in-fact for Jeffrey S. Sloan
Stock symbol
GPN
Transactions as of
May 12, 2021
Transactions value $
-$859,527
Form type
4
Date filed
6/15/2021, 05:19 PM
Previous filing
Feb 28, 2022
Next filing
Aug 5, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction GPN Common Stock Gift -13.9 K -5.25% 250 K May 12, 2021 Direct F1, F2
transaction GPN Common Stock Gift +13.9 K +11.15% 138 K May 12, 2021 By the Sloan Descendants' Trust F1, F3, F4
transaction GPN Common Stock Tax liability -$860 K -4.44 K -1.77% $193.50 246 K Jun 12, 2021 Direct F5
holding GPN Common Stock 12 K May 12, 2021 By the Jeffrey S. Sloan Family Trust F6
holding GPN Common Stock 38.4 K May 12, 2021 By the Jeffrey S. Sloan Grantor Retained Annuity Trust F2, F7
holding GPN Common Stock 51.1 K May 12, 2021 The 2020 Mid-Year Jeffrey S Sloan Grantor Retained Annuity Trust

Explanation of Responses:

Id Content
F1 Shares were transferred without consideration.
F2 On 5/12/2021, the Jeffrey S. Sloan Grantor Retained Annuity Trust distributed 20,625 shares to the reporting person as an annuity payment in accordance with the terms of the Jeffrey S. Sloan Grantor Retained Annuity Trust instrument.
F3 Represents deposit into trust by reporting person of shares previously reported as directly owned.
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 Represents the disposition of shares to the company to cover taxes on the vesting of awards.
F6 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.
F7 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.