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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES 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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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 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 (Month/Day/Year) |
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) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Non-qualified Stock Option (Right to Buy) | $ 45.86 | 01/30/2014 | M | 10,000 | (3) | 06/02/2016 | Common Stock | 10,000 | $ 0 | 0 | D | ||||
Non-qualified Stock Option (Right to Buy) | $ 37.4 | 01/30/2014 | M | 4,986 | (4) | 07/31/2017 | Common Stock | 4,986 | $ 0 | 0 | D | ||||
Non-qualified Stock Option (Right to Buy) | $ 37.4 | 01/30/2014 | M | 6,581 | (5) | 07/29/2020 | Common Stock | 6,581 | $ 0 | 2,193 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Schuessler Morgan M 10 GLENLAKE PARKWAY NORTH TOWER ATLANTA, GA 30328 |
EVP HR & Corp Communications |
/s/ David L. Green as attorney-in-fact for Morgan Schuessler | 02/03/2014 | |
**Signature of Reporting Person | Date |
* | 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). |
(1) | Represents forfeitures in connection with three "net exercises" of outstanding stock options. There were no open market sales of the shares by the reporting person. A total of 17,268 shares were withheld by Global Payments Inc. (the "Company") for payment of the exercise price and applicable taxes, and the net exercises resulted in the issuance of 4,299 shares, in the aggregate, by the Company to the reporting person. |
(2) | Closing price for the Company's common stock on the transaction date. |
(3) | The option became exercisable in 25% increments on the first (June 2, 2007), second (June 2, 2008), third (June 2, 2009) and fourth (June 2, 2010) anniversary of the grant. |
(4) | The option became exercisable in 25% increments on the first (July 31, 2008), second (July 31, 2009), third (July 31, 2010) and fourth (July 31, 2011) anniversary of the grant. |
(5) | The option became exercisable in 25% increments on the first (July 29, 2011), second (July 29, 2012), third (July 29, 2013), and fourth (July 29, 2014) anniversary of the grant. |
Remarks: SEC Exhibit 24 - Power of Attorney |