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

Reporting relationship: Senior Executive VP and CFO
Issuer ticker: GPN
Reported as of: 22 Feb 2022
Net transaction value: +$5,271,591
SEC form: 4
Accepted by SEC: 24 Feb 2022, 18:34:53 UTC
Prior SEC filing: 15 Feb 2022
Next SEC filing: 04 Nov 2025
Source filing: View source filing
Reporting owner signature: /s/ David L. Green, attorney-in-fact for Paul M. Todd

Key filing fact

Paul M. Todd filed Form 4 for GLOBAL PAYMENTS INC (GPN) on 24 Feb 2022.

Key facts

This page summarizes Paul M. Todd's Form 4 filing for GLOBAL PAYMENTS INC (GPN).
5 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 24 Feb 2022, 18:34.

Change

Previous filing in this sequence was filed on 15 Feb 2022.
Current net transaction value: +$5,271,591.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

GPN transaction

Common Stock

Award

Transaction value: $1,000,019
Shares: +7,352
Change %: +6.6%
Price: $136.02
Shares after: 118,997
Date: 22 Feb 2022
Ownership: Direct
Footnotes: F1

GPN transaction

Common Stock

Award

Transaction value: $714,105
Shares: +5,250
Change %: +4.4%
Price: $136.02
Shares after: 124,247
Date: 22 Feb 2022
Ownership: Direct
Footnotes: F2

GPN transaction

Common Stock

Tax liability

Transaction value: $160,096
Shares: -1,177
Change %: -0.95%
Price: $136.02
Shares after: 123,070
Date: 22 Feb 2022
Ownership: Direct
Footnotes: F3

GPN transaction

Common Stock

Award

Transaction value: $934,729
Shares: +6,872
Change %: +5.6%
Price: $136.02
Shares after: 129,942
Date: 22 Feb 2022
Ownership: Direct
Footnotes: F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

GPN transaction Derivative

Non-qualified Stock Option (Right to Buy)

Award

Transaction value: $2,782,833
Shares: +20,459
Change %
Price: $136.02
Shares after: 20,459
Date: 22 Feb 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 20,459
Exercise price: $136.02
Footnotes: F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote 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.

Footnote 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.

Footnote F3

Represents the disposition of shares to the company to cover taxes on the vesting of awards.

Footnote 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.

Footnote 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.