Jeffrey Steven Sloan - Feb 22, 2022 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
Feb 22, 2022
Transactions value $
$18,228,448
Form type
4
Date filed
2/24/2022, 06:32 PM
Previous filing
Jan 26, 2022
Next filing
Jan 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GPN Common Stock Award $3.7M +27.2K +9.34% $136.02 318K Feb 22, 2022 Direct F1
transaction GPN Common Stock Tax liability -$934K -6.87K -2.16% $136.02 312K Feb 22, 2022 Direct F2
transaction GPN Common Stock Award $3.63M +26.7K +8.55% $136.02 338K Feb 22, 2022 Direct F3
transaction GPN Common Stock Award $1.75M +12.9K +3.8% $136.02 351K Feb 22, 2022 Direct F4
holding GPN Common Stock 12K Feb 22, 2022 By the Jeffrey S. Sloan Family Trust F5
holding GPN Common Stock 138K Feb 22, 2022 By the Sloan Descendants' Trust F6
holding GPN Common Stock 51.1K Feb 22, 2022 The 2020 Mid-Year Jeffrey S Sloan Grantor Retained Annuity Trust
holding GPN Common Stock 38.4K Feb 22, 2022 By the Jeffrey S. Sloan Grantor Retained Annuity Trust F7

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 $10.1M +74.2K $136.02 74.2K Feb 22, 2022 Common Stock 74.2K $136.02 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock issued as a result of the vesting of a one-time grant of business performance and recovery awards in the form of performance units. The awards converted into restricted shares of our common stock on February 22, 2022, with one-third vesting as of such date and the remaining two-thirds vesting ratably over the ensuing two years.
F2 Represents the disposition of shares to the company to cover taxes on the vesting of awards.
F3 Represents restricted shares of common stock, which were granted to the reporting person as compensation. The restricted shares will vest in equal installments on each of the first three anniversaries of the grant date.
F4 Represents restricted shares of common stock, which were granted to the reporting person as compensation. The restricted shares will vest after one year from the anniversary of the grant date.
F5 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.
F6 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.
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.
F8 Represents unvested options to purchase shares of common stock, which were granted to the reporting person as compensation. The stock options will vest in equal installments in each of the first three anniversaries of the grant date.