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Usio, Inc. Director's Dealing 2011

Apr 29, 2011

34708_dirs_2011-04-29_77c46cf5-6502-452b-b282-ad35e536f8cf.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: 2011-04-26

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-04-26 Common Stock S 1111 $0.027 Disposed 36603835 Direct
2011-04-28 Common Stock S 10000 $0.027 Disposed 36593835 Direct
2011-04-29 Common Stock S 68962 $0.027 Disposed 36524873 Direct

Footnotes

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