David E Mangum Form 4 GLOBAL PAYMENTS / DAVID E MANGUM ownership change

SEC Form 4

FORM 4

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
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

MANGUM DAVID E

(Last) (First) (Middle)

10 GLENLAKE PARKWAY

NORTH TOWER

(Street)

ATLANTA GA 30328-3473

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
GLOBAL PAYMENTS INC [ GPN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
President and COO

3. Date of Earliest Transaction (Month/Day/Year)
08/08/2016

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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	08/08/2016		M		8,400	A	$21.02	172,060	D
Common Stock	08/08/2016		S		8,400	D	$74.71(1)	163,660	D
Common Stock	08/09/2016		M		25,266	A	$21.02	188,926	D
Common Stock	08/09/2016		M		25,190	A	$21.09	214,116	D
Common Stock	08/09/2016		M		30,082	A	$18.7	244,198	D
Common Stock	08/09/2016		S		57,323	D	$74.96(2)	186,875	D
Common Stock	08/09/2016		S		23,215	D	$75.46(3)	163,660	D

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 (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 Securities Underlying Derivative Security (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: 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)	$21.015	08/08/2016		M			8,400	(4)	11/03/2018	Common Stock	8,400	$0	25,266	D
Non-qualified Stock Option (Right to Buy)	$21.015	08/09/2016		M			25,266	(4)	11/03/2018	Common Stock	25,266	$0	0	D
Non-qualified Stock Option (Right to Buy)	$21.09	08/09/2016		M			25,190	(5)	07/29/2019	Common Stock	25,190	$0	0	D
Non-qualified Stock Option (Right to Buy)	$18.7	08/09/2016		M			30,082	(6)	07/29/2020	Common Stock	30,082	$0	0	D

Explanation of Responses:

1. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.54 to $75.08, inclusive. The reporting person undertakes to provide to the issuer, any security holder of issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth above.

2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.20 to $75.20, inclusive. The reporting person undertakes to provide to the issuer, any security holder of issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth above

3. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.21 to $75.94, inclusive. The reporting person undertakes to provide to the issuer, any security holder of issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth above.

4. This grant became exercisable in 25% increments on the first (November 3, 2009, second (November 3, 2010), third (November 3, 2011) and fourth (November 3, 2012) anniversary of the grant date.

5. The option became exercisable in 25% increments on the first (July 29, 2010), second (July 29, 2011), third July 29, 2012), and fourth (July 29, 2013) anniversary of the grant.

6. 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.

	/s/ David L. Green, attorney-in-fact for David E. Mangum	08/10/2016
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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