X0202 4 2005-02-16 0001004673 VENDINGDATA CORP VNX 0001084600 SMITH BOB L 280 LIBERTY STREET SE, SUITE 300 SALEM OR 97301 1 0 0 0 Common Stock 2003-12-18 4 C 0 62288 1.75 A 0 I See Note Common Stock 2003-12-18 4 C 0 31144 1.75 A 0 I See Note Common Stock 292450 I See Note Common Stock 164012 D OPTION/RIGHT TO BUY 4.30 Common Stock 11000 11000 D OPTION/RIGHT TO BUY 13.00 2001-01-15 Common Stock 400 400 D OPTION/RIGHT TO BUY 13.00 2001-01-15 Common Stock 200 200 D OPTION/RIGHT TO BUY 13.00 2001-07-02 Common Stock 200 200 D OPTION/RIGHT TO BUY 1.75 2002-07-02 Common Stock 200 200 D 9.5% CONVERTIBLE NOTE 1.75 2003-12-18 4 C 0 57143 0 D 2003-12-12 Common Stock 57143 0 I See Note WARRANT 1.75 2004-01-01 2004-12-18 Common Stock 5000 5000 I See Note 9.5% CONVERTIBLE NOTE 1.75 2003-12-18 4 C 0 28572 0 D 2003-12-12 Common Stock 28572 0 I See Note WARRANT 1.75 2004-01-01 2004-12-18 Common Stock 2500 2500 I See Note OPTION/RIGHT TO BUY 2.50 2004-03-10 2008-09-09 Common Stock 50000 50000 D OPTION/RIGHT TO BUY 5.95 2005-04-06 Common Stock 10000 10000 D OPTION/RIGHT TO BUY 2.20 2005-07-02 Common Stock 10000 10000 D On December 18, 2003, and pursuant to a November 19, 2003 Agreement to Convert by and between I.C.D., Inc. ("I.C.D."), an entity controlled by Mr. Smith, and VendingData Corporation (the "Company"), I.C.D. converted the principal and unpaid interest of its 9.5% convertible note into 62,288 shares of the Company's common stock ("Common Stock"). On December 18, 2003, and pursuant to a November 19, 2003 Agreement to Convert by and between VIP's Industries, Inc. ("VIP's"), an entity controlled by Mr. Smith, and the Company, VIP's converted the principal and unpaid interest of its 9.5% convertible note into 31,144 shares of Common Stock. Nature of beneficial ownership: Bob L. Smith = 164,012; I.C.D. = 62,288; VIP's = 230,162: TOTAL: 456,462. As previously reported, on January 4, 1999, Mr. Smith purchased from Richard Huson these options to purchase shares of Common Stock of the Company. No such date applies. This information is reflected on this Form 4 for the sole purpose of providing data in this field to ensure that this Form 4 will be accepted through the SEC's electronic filing system. As previously reported, on September 13, 1999, the Company granted Mr. Smith an option pursuant to its 1999 Directors' Stock Option Plan (the "Plan") to purchase shares of Common Stock. The option is fully vested and exercisable and expires on the later of September 13, 2009 or three months after Mr. Smith ceases to serve as a director of the Company. As previously reported, on January 1, 2000, the Company granted Mr. Smith an option pursuant to the Plan to purchase shares of Common Stock. The option is fully vested and exercisable and expires on the later of January 1, 2010 or three months after Mr. Smith ceases to serve as a director of the Company. As previously reported, on January 1, 2001, the Company granted Mr. Smith an option pursuant to the Plan to purchase shares of Common Stock. The option is fully vested and exercisable and expires on the later of January 1, 2011 or three months after Mr. Smith ceases to serve as a director of the Company. As previously reported, on January 1, 2002, the Company granted to Mr. Smith an option pursuant to the Plan to purchase shares of Common Stock. The option is fully vested and exercisable and expires on the later of January 1, 2012 or three months after Mr. Smith ceases to serve as a director of the Company. Pursuant to its November 19, 2003 Agreement to Convert, I.C.D. is required to convert this note within ten (10) days of the closing of the Company's minimum offering of 3,000,000 shares through the Company's public offering of its Common Stock pursuant to a Registration Statement on Form SB-2, as amended. As previously reported, this warrant is held by I.C.D. Pursuant to its November 19, 2003 Agreement to Convert, VIP's is required to convert this note within ten (10) days of the closing of the Company's minimum offering of 3,000,000 shares through the Company's public offering of its Common Stock pursuant to a Registration Statement on Form SB-2, as amended. As previously reported, this warrant is held by VIP's. As previously reported, on September 9, 2003, and pursuant to the Plan, the Company granted to Mr. Smith an option to purchase shares of Common Stock. Pursuant to the Plan, the Company granted the option to Mr. Smith in consideration of his services as a member of the Company's Board of Directors. No such amount applies. This information is reflected on this Form 4 for the sole purpose of providing data in this field to insure that this Form 4 will be accepted through the SEC's filing system. On February 16, 2005, and pursuant to the Plan, the Company issued to Mr. Smith an option to purchase shares of Common Stock as of the grant date of January 1, 2004 in consideration of his services as a member of the Company's Board of Directors in calendar year 2003. Pursuant to the Plan, these options expire the later of January 1, 2014 or three months after Mr. Smith ceases to serve as a member of the Board. On February 16, 2005, and pursuant to the Plan, the Company issued to Mr. Smith an option to purchase shares of Common Stock as of the grant date of January 1, 2005 in consideration of his services as a member of the Company's Board of Directors in calendar year 2004. Pursuant to the Plan, these options expire the later of January 1, 2015 or three months after Mr. Smith ceases to serve as a member of the Board. /s/ Bob L. Smith 2005-02-16