Guido F. Sacchi - Feb 22, 2022 Form 4 Insider Report for GLOBAL PAYMENTS INC (GPN)

Role
Senior EVP and CIO
Signature
/s/ David L. Green, attorney-in-fact for Guido F. Sacchi
Stock symbol
GPN
Transactions as of
Feb 22, 2022
Transactions value $
$4,486,348
Form type
4
Date filed
2/24/2022, 06:40 PM
Previous filing
Aug 5, 2021
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 $813K +5.97K +9.35% $136.02 69.8K Feb 22, 2022 Direct F1
transaction GPN Common Stock Award $575K +4.23K +6.05% $136.02 74.1K Feb 22, 2022 Direct F2
transaction GPN Common Stock Tax liability -$243K -1.79K -2.42% $136.02 72.3K Feb 22, 2022 Direct F3
transaction GPN Common Stock Award $1.08M +7.95K +11% $136.02 80.2K Feb 22, 2022 Direct F4

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 $2.26M +16.6K $136.02 16.6K Feb 22, 2022 Common Stock 16.6K $136.02 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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.
F3 Represents the disposition of shares to the company to cover taxes on the vesting of awards.
F4 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.
F5 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.