PAYMENT DATA SYSTEMS INC 4
4 · PAYMENT DATA SYSTEMS INC · Filed Apr 13, 2017
Insider Transaction Report
Form 4
Huffman Steve
Director
Transactions
- Conversion
Common Stock
2017-04-11+22,223→ 22,223 total
Holdings
- 44,444
Restricted Stock Units
From: 2019-01-01Exp: 2029-01-01→ Common Stock (22,222 underlying) - 22,222
Restricted Stock Units
From: 2018-01-01Exp: 2028-01-01→ Common Stock (22,222 underlying)
Footnotes (4)
- [F1]The reporting person received these shares of common stock due to conversion of restricted stock units granted to him on June 1, 2016 and vested on January 1, 2017 for services on the issuer's board of directors.
- [F2]Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.
- [F3]The restricted stock units were granted for services on the issuer's board of directors.
- [F4]22,222 of the units vest on January 1, 2018 and January 1, 2019 or upon change of control, respectively.