Usio, Inc. — Director's Dealing 2010

Feb 4, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PAYMENT DATA SYSTEMS INC (PYDS)
CIK: 0001088034
Period of Report: 2010-02-01

Reporting Person: HOCH LOUIS A (Director, President & COO, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-02-01	Common Stock	S	40000	$0.03	Disposed	32149474	Direct
2010-02-02	Common Stock	S	40000	$0.031	Disposed	32109474	Direct

Footnotes

F1: This stock sale was effected pursuant to a 10(b)5-1 trading plan effective as of August 21, 2009.