ACCESS Newswire Inc. — Director's Dealing 2012

Apr 6, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ISSUER DIRECT CORP (ISDR)
CIK: 0000843006
Period of Report: 2012-04-02

Reporting Person: BALBIRNIE BRIAN R (Director, Chairman and CEO, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-04-02	Common Stock	A	20000	—	Acquired	620500	Direct

Footnotes

F1: Shares of restricted common stock issued to Mr. Balbirnie. The shares vest in quarterly installments over two years beginning on April 2, 2012. In the event of a change of control, all unvested shares shall immediately vest.

F2: Share totals include what is held both in certificate form and in a brokerage account.