PAYMENT DATA SYSTEMS INC 4
4 · PAYMENT DATA SYSTEMS INC · Filed Apr 13, 2017
Insider Transaction Report
Form 4
Chapa Miguel A
Director
Transactions
- Other
Common Stock
2017-04-11$1.85/sh−2,000$3,700→ 31,334 total
Footnotes (1)
- [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.