Usio, Inc. — Director's Dealing 2017

Apr 13, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PAYMENT DATA SYSTEMS INC (PYDS)
CIK: 0001088034
Period of Report: 2017-04-11

Reporting Person: Chapa Miguel A (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-04-11	Common Stock	J	2000	$1.85	Disposed	31334	Direct

Footnotes

F1: Previously, on April 28, 2015, the reporting person reported the grant of 33,334 shares for services on the issuer's board of directors. Of this grant, 20,001 shares vested on April 24, 2015 and January 1, 2016. 6,667 shares vested on January 1, 2017, and in connection with the vesting of these shares, the reporting person returned 2,000 shares at the closing price of $1.85 on April 11, 2017 to cover taxes due. The remaining 6,666 shares vest on January 1, 2018 or upon a change of control.