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Usio, Inc. Director's Dealing 2018

Jan 10, 2018

34708_dirs_2018-01-10_900abcd7-ad78-4c49-8ab5-7d1d6fdc0c22.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: 2018-01-08

Reporting Person: Jewell Lowell Thomas (SVP, CFO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-01-08 Common Stock C 40000 $2.5 Acquired 212223 Direct
2018-01-08 Common Stock D 13060 $2.5 Disposed 199163 Direct

Footnotes

F1: The reporting person received these shares of common stock due to conversion of restricted stock units granted to him on January 6, 2017 and vested on January 8, 2018 for services as the Issuer's CFO.

F2: The issuer repurchased the shares at the closing price on January 8, 2016 to cover payroll taxes due.