0000899243-19-023962.txt : 20190919
0000899243-19-023962.hdr.sgml : 20190919
20190919200845
ACCESSION NUMBER: 0000899243-19-023962
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190917
FILED AS OF DATE: 20190919
DATE AS OF CHANGE: 20190919
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: CLONINGER KRISS III
CENTRAL INDEX KEY: 0001075285
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-16111
FILM NUMBER: 191102517
MAIL ADDRESS:
STREET 1: 1932 WYNNTON ROAD
CITY: COLUMBUS
STATE: GA
ZIP: 31999
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: GLOBAL PAYMENTS INC
CENTRAL INDEX KEY: 0001123360
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389]
IRS NUMBER: 582567903
STATE OF INCORPORATION: GA
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 3550 LENOX ROAD
CITY: ATLANTA
STATE: GA
ZIP: 30326
BUSINESS PHONE: 7708298030
MAIL ADDRESS:
STREET 1: 3550 LENOX ROAD
CITY: ATLANTA
STATE: GA
ZIP: 30326
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2019-09-17
0
0001123360
GLOBAL PAYMENTS INC
GPN
0001075285
CLONINGER KRISS III
3550 LENOX ROAD
ATLANTA
GA
30326
1
0
0
0
Common Stock
2019-09-17
4
A
0
25577
0.00
A
25577
D
Non-qualified Stock Option (Right to Buy)
21.90
2019-09-17
4
A
0
379
0.00
A
2019-09-17
2021-01-31
Common Stock
379
379
D
Non-qualified Stock Option (Right to Buy)
23.48
2019-09-17
4
A
0
1064
0.00
A
2019-09-17
2021-05-03
Common Stock
1064
1064
D
Non-qualified Stock Option (Right to Buy)
28.73
2019-09-17
4
A
0
5908
0.00
A
2019-09-17
2022-05-31
Common Stock
5908
5908
D
Non-qualified Stock Option (Right to Buy)
29.01
2019-09-17
4
A
0
6434
0.00
A
2019-09-17
2023-04-30
Common Stock
6434
6434
D
Non-qualified Stock Option (Right to Buy)
39.22
2019-09-17
4
A
0
5712
0.00
A
2019-09-17
2024-04-30
Common Stock
5712
5712
D
Non-qualified Stock Option (Right to Buy)
50.59
2019-09-17
4
A
0
6113
0.00
A
2019-09-17
2025-05-10
Common Stock
6113
6113
D
Non-qualified Stock Option (Right to Buy)
65.75
2019-09-17
4
A
0
5281
0.00
A
2019-09-17
2026-05-10
Common Stock
5281
5281
D
Reflects the issuance of shares of Global Payments common stock, without par value ("Global Payments Common Stock"), contemplated by the Agreement and Plan of Merger, dated as of May 27, 2019 (the "Merger Agreement"), by and between Total System Services, Inc. ("TSYS") and Global Payments Inc. ("Global Payments"), pursuant to which, at the effective time of the Merger (the "Effective Time"), TSYS merged with and into Global Payments, with Global Payments as the surviving entity. In accordance with the terms of the Merger Agreement, each share of TSYS common stock, par value $0.10 per share ("TSYS Common Stock"), was converted into 0.8101 shares (the "Exchange Ratio") of Global Payments Common Stock.
In accordance with the terms of the Merger Agreement, each stock option to purchase shares of TSYS Common Stock (a "TSYS Stock Option") that was outstanding and unexercised immediately prior to the Effective Time was automatically converted into an option to purchase (i) that number of shares of Global Payments Common Stock (rounded down to the nearest whole share) equal to the product of (A) the number of shares of TSYS Common Stock subject to such TSYS Stock Option immediately prior to the Effective Time and (B) the Exchange Ratio, (ii) at an exercise price per share of Global Payments Common Stock (rounded up to the nearest whole cent) equal to the quotient of (A) the exercise price per share of TSYS Common Stock of such TSYS Stock Option immediately prior to the Effective Time and (B) the Exchange Ratio.
These options were fully vested and exercisable at the Effective Time.
By: David Green, attorney-in-fact
2019-09-19