Usio, Inc. — Director's Dealing 2010

Nov 6, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PAYMENT DATA SYSTEMS INC (PYDS)
CIK: 0001088034
Period of Report: 2010-11-04

Reporting Person: LONG MICHAEL R (Director, Chairman, CEO, and CFO, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-11-04	Common Stock	A	5400000	$0.04	Acquired	34728628	Direct

Footnotes

F1: Granted pursuant to the terms of the Employee Agreement dated February 27, 2007.