MANGUM DAVID E 4
4 · GLOBAL PAYMENTS INC · Filed Feb 28, 2018
Insider Transaction Report
Form 4
Transactions
- Award
Common Stock
2018-02-26$114.70/sh+21,831$2,504,016→ 199,657 total - Award
Non-qualified Stock Option (Right to Buy)
2018-02-26+18,435→ 18,435 totalExercise: $114.70Exp: 2028-02-26→ Common Stock (18,435 underlying) - Award
Common Stock
2018-02-26$114.70/sh+5,640$646,908→ 177,826 total - Tax Payment
Common Stock
2018-02-26$114.70/sh−4,960$568,912→ 194,697 total
Footnotes (5)
- [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]Balance includes shares acquired under the company's dividend reinvestment plan.
- [F3]Represents shares of restricted common stock issued as a result of the vesting of performance-based synergy units which were originally granted on June 8, 2016 as a non-recurring, supplemental award and were earned based on the company's achievement of pre-established goals related to the Heartland transaction. Half of the earned synergy units vested February 26, 2018 and the remaining half will vest on February 26, 2019.
- [F4]Represents the disposition of shares to the company to cover taxes on the vesting of awards.
- [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.