SEC FORM 4

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

GARCIA PAUL R

(Last)

(First)

(Middle)

10 GLENLAKE PARKWAY

NORTH TOWER

(Street)

ATLANTA

30328

(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)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
President & CEO

3. Date of Earliest Transaction (Month/Day/Year)
08/13/2010

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	08/13/2010		G	V	140,492	D	$0	228,234	D
Common Stock	08/13/2010		G	V	17,364	D	$0	210,870	D
Common Stock	08/13/2010		G	V	140,492	A	$0	140,492	I	By Family LP⁽¹⁾⁽³⁾
Common Stock	08/13/2010		G	V	17,364	A	$0	17,364	I	By Gift Trust⁽²⁾⁽³⁾
Common Stock								17,021	I	By GRAT⁽⁴⁾
Common Stock								898	I	By Managed Account

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The reporting person previously reported on a Form 4 filed on August 16, 2010 his gift of 140,492 shares of issuer common stock to Six Pack Enterprises, LLLP (the "Family LP"), a family limited partnership of which the reporting person and his spouse are the sole general partners and of which the reporting person was the 98% limited partner. This line item reflects the acquisition of such shares by gift by the Family LP. The reporting person disclaims beneficial ownership of the shares held by the Family LP, except to the extent of his and his spouse's pecuniary interest in such shares.

2. The reporting person previously reported on a Form 4 filed on August 16, 2010 his gift of 17,364 shares of issuer common stock to the Garcia Gift Trust (the "Gift Trust"), a grantor trust for the benefit of the reporting person's children and grandchildren and of which the reporting persons' spouse is sole trustee. This line item reflects the acquisition of such shares by gift by the Gift Trust. The reporting person disclaims beneficial ownership of the shares held by the Gift Trust, except to the extent of his and his family members' pecuniary interest in such shares.

3. On January 21, 2010, the reporting person sold his 98% limited partnership interest in the Family LP, for an aggregate purchase price of $4,322,811, to the Gift Trust. As a result of such transaction, the reporting person is no longer the limited partner of Family LP (but remains a general partner of Family LP along with his spouse), and the Gift Trust is the 98% limited partner of Family LP. No transfer of shares of issuer common stock took place as a result of the transaction.

4. These shares are held in a grantor retained annuity trust for the benefit of the reporting person's children. The reporting person's spouse is the trustee of the trust. The reporting person has the sole right to receive annuity payments.

	/s/ Suellyn Tornay	01/25/2011
	** 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 4 (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.