SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
MIODUNSKI ROBERT L

(Last) (First) (Middle)
1120 TOWN CENTER DRIVE, SUITE 260

(Street)
LAS VEGAS NV 89144

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
VENDINGDATA CORP [ VNX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
04/09/2007
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 04/09/2007 A 50,000 A (5) 50,000 D(3)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option/Right to Buy(1) $3 (1) 11/07/2011 Common Stock 100,000 100,000 D
Option/Right to Buy(2) $2.43 09/07/2007 (2) Common Stock 10,000 10,000 D
Option/Right to Buy(4) $2.4 04/10/2007 A 5,000 09/08/2007 (4) Common Stock 5,000 $0 5,000 D
Explanation of Responses:
1. As previously reported, in connection with Mr. Miodunski's appointment to serve as a director by the Board of Directors (the "Board") of VendingData Corporation (the "Company"), on November 7, 2005 the Company granted to Mr. Miodunski the option to purchase 100,000 shares of the Company's $.001 par value common stock ("Common Stock") at $3.00 per share pursuant to the Company's 1999 Stock Option Plan. The option shares vest over three years with 34,000 shares vesting on November 7, 2006; 33,000 shares vesting on November 7, 2007; and the remaining 33,000 shares vesting on November 7, 2008.
2. As previously reported, on March 7, 2007 the Company issued to Mr. Miodunski options to purchase 10,000 shares of Common Stock pursuant to the Company's 1999 Director's Stock Option Plan (the "Plan") in consideration of his service as a member of the Board in calendar year 2006. These options expire the later of March 6, 2017 or three months after Mr. Miodunski ceases to serve as a member of the Board.
3. On April 9, 2007, 50,000 shares of Common Stock issued to Mr. Miodunski pursuant to a letter of agreement between the Company and Mr. Miodunski dated November 7, 2005 and per shareholder approval.
4. On April 10, 2007 the Company issued to Mr. Miodunski options to purchase an additional 5,000 shares of Common Stock pursuant to the Plan in consideration of his service as a member of the Board in calendar year 2006. These options expire the later of March 7, 2017 or three months after Mr. Miodunski ceases to serve as a member of the Board.
5. N/A
/s/Robert L. Miodunski 04/12/2007
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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