Sec Form 4 Filing - WOODS M TROY @ GLOBAL PAYMENTS INC - 2020-02-13

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
WOODS M TROY
2. Issuer Name and Ticker or Trading Symbol
GLOBAL PAYMENTS INC [ GPN]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
3550 LENOX ROAD
3. Date of Earliest Transaction (MM/DD/YY)
02/13/2020
(Street)
ATLANTA, GA30326
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/13/2020 F( 1 ) 1,751 D $ 202.73 406,330 D
Common Stock 02/14/2020 M 37,548 A $ 54.91 443,878 D
Common Stock 02/14/2020 M 79,239 A $ 67.24 523,117 D
Common Stock 02/14/2020 M 36,149 A $ 107.5 559,266 D
Common Stock 02/14/2020 M 22,916 A $ 113.48 582,182 D
Common Stock 02/14/2020 S 175,852 D $ 205.29 ( 2 ) 406,330 D
Common Stock 32,098 I Family Trust
Common Stock 81,010 I Grant retained annuity trust 12 2018
Common Stock 49,013 I Grant retained annuity trust 4 2018
Common Stock 1,766 I Spouse
Common Stock 10,385 I Trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-qualified Stock Option (Right to Buy) $ 54.91 02/14/2020 M 37,548 09/17/2019 02/25/2026 Common Stock 37,548 $ 0 0 D
Non-qualified Stock Option (Right to Buy) $ 67.24 02/14/2020 M 79,239 ( 3 ) 02/16/2027 Common Stock 79,239 $ 0 39,029 D
Non-qualified Stock Option (Right to Buy) $ 107.5 02/14/2020 M 36,149 ( 4 ) 02/15/2028 Common Stock 36,149 $ 0 73,396 D
Non-qualified Stock Option (Right to Buy) $ 113.48 02/14/2020 M 22,916 ( 5 ) 02/12/2029 Common Stock 22,916 $ 0 46,528 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
WOODS M TROY
3550 LENOX ROAD
ATLANTA, GA30326
X
Signatures
/s/ David L. Green, attorney-in-fact for Troy M. Woods 02/18/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents the disposition of shares to the company to cover taxes on the vesting of awards.
( 2 )Reflects the weighted average sale price. The range of prices for such transaction is $205.20 to $205.31. Open market sale transactions were made on the same day at different prices through a trade order executed by a broker-dealer. The reporting person has reported on a single line all such transactions that occurred within a one dollar price range. The reporting person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer or a shareholder of the issuer, full information regarding the number of shares sold at each separate price.
( 3 )79,239 of these options were fully vested and exercisable upon completion of the merger with TSYS. The remaining options are exercisable on February 17, 2020.
( 4 )36,149 of these options were fully vested and exercisable upon completion of the merger with TSYS. The remaining options are exercisable in equal annual installments on February 16, 2020 and February 16, 2021.
( 5 )23,148 of these options were fully vested and exercisable at 2/13/2020. The remaining options will become exercisable in equal annual instal lments on February 13, 2021 and February 13, 2022.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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