Jeffrey Steven Sloan - Feb 21, 2023 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 21, 2023
Transactions value $
$14,371,437
Form type
4
Date filed
2/23/2023, 05:39 PM
Previous filing
Mar 24, 2023
Next filing
Feb 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GPN Common Stock Award $4.75M +42K +15.41% $113.12 315K Feb 21, 2023 Direct F1
transaction GPN Common Stock Tax liability -$1.78M -15.6K -4.96% $113.94 299K Feb 22, 2023 Direct F2
holding GPN Common Stock 16.8K Feb 21, 2023 By the Jeffrey S. Sloan Family Trust F3
holding GPN Common Stock 138K Feb 21, 2023 By the Sloan Descendants' Trust F4
holding GPN Common Stock 15.4K Feb 21, 2023 The 2020 Mid-Year Jeffrey S Sloan Grantor Retained Annuity Trust
holding GPN Common Stock 153K Feb 21, 2023 The 2021 Jeffrey S. Sloan Grantor Retained Annuity Trust

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 $11.4M +101K $113.12 101K Feb 21, 2023 Common Stock 101K $113.12 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 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 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.