X0304 4 2011-11-10 0 0001017655 PAID INC PAYD 0001081228 ROTMAN RICHARD C/O PAID, INC. 4 BRUSSELS STREET WORCESTER MA 01610 1 1 0 0 C00, VP and Secretary Common Stock 2011-11-10 4 M 0 2000000 .041 A 9000092 D Stock Option (Right to Buy) .041 2011-11-10 4 M 0 2000000 0 D 2003-04-11 2012-10-12 Common Stock 2000000 3121952 D Stock Option (Right to Buy) .415 2011-11-10 4 D 0 2500000 0 D 2012-01-10 2018-01-10 Common Stock 2500000 0 D Stock Option (Right to Buy) .145 2011-11-10 4 A 0 2500000 0 A 2012-01-10 2018-01-10 Common Stock 2500000 2500000 D The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on January 10, 2008 and provided for cliff vesting on January 10, 2012. /s/ Richard Rotman 2011-11-15