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* Tornay Suellyn P (Last) (First) (Middle) 10 GLENLAKE PARKWAY NORTH TOWER (Street) ATLANTA GA 30328 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 07/20/2004	3. Issuer Name and Ticker or Trading Symbol GLOBAL PAYMENTS INC [ GPN ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) Executive Vice President	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	14,322	D
Common Stock	1,345	I	by 401(k)

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 Options (right to buy)	09/30/2004	09/30/2009	Common Stock	1,691	12.7	D
Non-Qualified Stock Options (right to buy)	03/22/2005	03/22/2010	Common Stock	2,872	13.07	D
Non-Qualified Stock Options (right to buy)	06/01/2004	06/01/2010	Common Stock	3,470	10.81	D
Non-Qualified Stock Options (right to buy)	06/01/2005	06/01/2010	Common Stock	4,164	10.81	D
Non-Qualified Stock Options (right to buy)	06/01/2004	06/01/2011	Common Stock	3,359	26.05	D
Non-Qualified Stock Options (right to buy)	06/01/2005	06/01/2011	Common Stock	3,359	26.05	D
Non-Qualified Stock Options (right to buy)	06/01/2006	06/01/2011	Common Stock	4,030	26.05	D
Non-Qualified Stock Options (right to buy)	(1)	06/03/2012	Common Stock	15,000	36.47	D
Non-Qualified Stock Options (right to buy)	(2)	08/07/2013	Common Stock	20,408	33.81	D
Non-Qualified Stock Options (right to buy)	(2)	06/25/2014	Common Stock	20,000	45	D

Explanation of Responses:

1. Grant to reporting person of option to buy shares of stock. The option will become exercisable as follows: 20% on the first anniversary of the grant; 25% on the second anniversary of the grant; 25% on the third anniversary of the grant; and 30% on the fourth anniversary of the grant.

2. Grant to reporting person of option to buy shares of stock. The option will become exercisable in 25% increments on the first, second, third and fourth anniversary of the grant.

	Suellyn P. Tornay	07/23/2004
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.