Jeffrey Steven Sloan - Aug 3, 2021 Form 4 Insider Report for GLOBAL PAYMENTS INC (GPN)

Signature
/s/ David L. Green, attorney-in-fact for Jeffrey S. Sloan
Stock symbol
GPN
Transactions as of
Aug 3, 2021
Transactions value $
$7,191,972
Form type
4
Date filed
8/5/2021, 04:22 PM
Previous filing
Jun 15, 2021
Next filing
Aug 9, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GPN Common Stock Award $9.29M +54.8K +22.27% $169.57 301K Aug 3, 2021 Direct F1
transaction GPN Common Stock Tax liability -$2.09M -12.3K -4.11% $169.57 288K Aug 3, 2021 Direct F2
holding GPN Common Stock 12K Aug 3, 2021 By the Jeffrey S. Sloan Family Trust F3
holding GPN Common Stock 138K Aug 3, 2021 By the Sloan Descendants' Trust F4
holding GPN Common Stock 51.1K Aug 3, 2021 The 2020 Mid-Year Jeffrey S Sloan Grantor Retained Annuity Trust
holding GPN Common Stock 38.4K Aug 3, 2021 By the Jeffrey S. Sloan Grantor Retained Annuity Trust F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of restricted common stock issued as a result of the vesting of performance-based synergy units which were originally granted on September 18, 2019 as a non-recurring, supplemental award and were earned based on the company's achievement of pre-established goals related to the TSYS merger. Half of the earned synergy units vested August 3, 2021 and the remaining half will vest on August 3, 2022.
F2 Represents the disposition of shares to the company to cover taxes on the vesting of awards.
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.