Global Payments director awarded 3,179 shares
Osnoss Joseph reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Osnoss Joseph reported acquisition or exercise transactions in this Form 4 filing.
GLOBAL PAYMENTS INC director Joseph Osnoss reported a stock compensation grant. He received 3,179 fully vested shares of common stock as compensation for serving as a non-employee director, at a stated price of $0.00 per share. These shares are held for the benefit of Silver Lake entities, with sale proceeds expected to be remitted to Silver Lake and/or its limited partners. Following the transactions, Osnoss is shown with 10,902 shares held indirectly for Silver Lake and 73 shares held directly in his own name.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,179 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Represents fully-vested shares of common stock, which were granted to Mr. Osnoss as compensation for service as a non-employee director.
- F2. These securities are held by Mr. Osnoss for the benefit of Silver Lake Technology Management, L.L.C., certain of its affiliates or certain of the funds they manage ("Silver Lake"). Mr. Osnoss serves as a director of the Issuer. Pursuant to Silver Lake's policies with respect to director compensation, upon the sale of these securities, the proceeds from such sale are expected to be remitted to Silver Lake and/or its limited partners. Mr. Osnoss, through his role at Silver Lake, may be deemed to have an indirect interest in the securities reported herein. Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that Mr. Osnoss is the beneficial owner of all securities covered by this filing for purposes of Section 16 of the Exchange Act or otherwise, and Mr. Osnoss disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, if any.
- F3. Represents shares of common stock held directly by Joseph Osnoss.
Key Figures
Key Terms
non-employee director financial
beneficial ownership financial
pecuniary interest financial
Rule 16a-1(a)(4) regulatory
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