Guido F. Sacchi - Aug 3, 2021 Form 4 Insider Report for GLOBAL PAYMENTS INC (GPN)

Signature
/s/ David L. Green, attorney-in-fact for Guido F. Sacchi
Stock symbol
GPN
Transactions as of
Aug 3, 2021
Transactions value $
$4,794,761
Form type
4
Date filed
8/5/2021, 04:46 PM
Previous filing
Jun 15, 2021
Next filing
Feb 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GPN Common Stock Award $6.19M +36.5K +102.56% $169.57 72.1K Aug 3, 2021 Direct F1
transaction GPN Common Stock Tax liability -$1.4M -8.23K -11.42% $169.57 63.9K Aug 3, 2021 Direct F2
* 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.