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Ownership Document |
Schema Version: X0306 |
Document Type: 4 |
Period of Report: 1/6/19 |
Not Subject to Section 16: 0 |
Issuer: |
| Issuer CIK: 1088034 |
| Issuer Name: PAYMENT DATA SYSTEMS INC |
| Issuer Trading Symbol: PYDS |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1690416 |
| | Owner Name: Jewell Lowell Thomas |
| Reporting Owner Address: |
| | Owner Street 1: 12500 SAN PEDRO |
| | Owner Street 2: SUITE 120 |
| | Owner City: SAN ANTONIO |
| | Owner State: TX |
| | Owner ZIP Code: 78216 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? No |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: SVP, CFO |
Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 1/6/19 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: C |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | | Value: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 40,000 |
| Footnote ID: F1 |
| | | Transaction Price Per Share: |
| Value: 1.84 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 239,163 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 1/6/19 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: D |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | | Value: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 11,860 |
| Footnote ID: F2 |
| | | Transaction Price Per Share: |
| Value: 1.84 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 227,303 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Footnotes: |
| Footnote - 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 6, 2019 for services as the Issuer's CFO. |
| Footnote - F2: The issuer repurchased the shares at the closing price on January 6, 2019 to cover payroll taxes due. |
Owner Signature: |
| Signature Name: Lowell Thomas Jewell |
| Signature Date: 1/10/19 |