SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES 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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1. Name and Address of Reporting Person* TRAPP MICHAEL W (Last) (First) (Middle) 10 GLENLAKE PARKWAY NORTH TOWER (Street) ATLANTA GA 30328 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 12/31/2006	3. Issuer Name and Ticker or Trading Symbol GLOBAL PAYMENTS INC [ GPN ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner Officer (give title below) Other (specify below)	5. 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 Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	3,714	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Non-Qualified Stock Option (right to buy)	(1)	08/03/2013	Common Stock	1,226	16.985	D
Non-Qualified Stock Option (right to buy)	(2)	10/23/2013	Common Stock	6,460	19.355	D
Non-Qualified Stock Option (right to buy)	(3)	09/22/2014	Common Stock	4,938	23.5	D
Non-Qualified Stock Option (right to buy)	(4)	09/22/2015	Common Stock	4,770	33.755	D
Non-Qualified Stock Option (right to buy)	(5)	09/28/2016	Common Stock	4,370	38.94	D

Explanation of Responses:

1. This option will become exercisable on the anniversary of the grant date in the following increments: 25% on the second anniversary (August 6, 2005), 20% on the third anniversary (August 6, 2006), 25% on the fourth anniversary (August 6, 2007) and 30% on the fifth anniversary (August 6, 2008).

2. This option will become exercisable in 25% increments on the first (October 23, 2004), second (October 23, 2005), third (October 23, 2006) and fourth (October 23, 2007) anniversary of the grant date.

3. This option will become exercisable in 25% increments on the first (September 22, 2005), second (September 22, 2006), third (September 22, 2007) and fourth (September 22, 2008) anniversary of the grant date.

4. This grant will become exercisable in 25% increments on the first (September 22, 2006), second (September 22, 2007), third (September 22, 2008), and fourth (September 22, 2009) anniversary of the grant date.

5. This grant will become exercisable in 25% increments on the first (September 28, 2007), second (September 28, 2008), third (September 28, 2009), and fourth (September 28, 2010) anniversary of the grant date.

	Michael W Trapp	08/06/2007
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (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).
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