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Usio, Inc. Director's Dealing 2011

Aug 10, 2011

34708_dirs_2011-08-10_6df290b3-d48f-41ca-b01d-9996b19ced69.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PAYMENT DATA SYSTEMS INC (PYDS)
CIK: 0001088034
Period of Report: 2011-08-08

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-08-08 Common Stock S 10000 $0.029 Disposed 36476216 Direct
2011-08-10 Common Stock S 5000 $0.04 Disposed 36471216 Direct

Footnotes

F1: This stock sale was effected pursuant to a 10(b)5-1 trading plan effective August 27, 2010