DAVID M. SHEFFIELD - 22 Feb 2022 Form 4 Insider Report for GLOBAL PAYMENTS INC (GPN)

Signature
/s/ David L. Green, attorney-in-fact for David Sheffield
Issuer symbol
GPN
Transactions as of
22 Feb 2022
Net transactions value
+$601,616
Form type
4
Filing time
24 Feb 2022, 18:47:04 UTC
Previous filing
05 Aug 2021
Next filing
28 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GPN Common Stock Award $434,584 +3,195 +15% $136.02 23,907 22 Feb 2022 Direct F1
transaction GPN Common Stock Tax liability $34,685 -255 -1.1% $136.02 23,652 22 Feb 2022 Direct F2
transaction GPN Common Stock Award $201,718 +1,483 +6.3% $136.02 25,178 22 Feb 2022 Direct F3, F4
* 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 the disposition of shares to the company to cover taxes on the vesting of awards.
F3 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.
F4 Includes shares purchased pursuant to the Employee Stock Purchase Plan.