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Filing Details

Accession Number:: 0001181431-12-063094
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2012-12-07 12:31:52
Reporting Period:: 2012-12-06

Filing Date:: 2012-12-07
Accepted Time:: 2012-12-07 12:31:52
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1044777	Vasco Data Security International Inc	VDSI	Services-Computer Integrated Systems Design (7373)	364169320

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1063245	P Michael Cullinane	1901 S. Meyers Road Suite 210 Oakbrook Terrace IL 60181		Yes	No	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock, $0.001 Par Value	Disposition	2012-12-06	400	$7.50	122,494	No	4	S	Direct
Common Stock, $0.001 Par Value	Disposition	2012-12-06	200	$7.51	122,294	No	4	S	Direct
Common Stock, $0.001 Par Value	Disposition	2012-12-06	200	$7.52	122,094	No	4	S	Direct
Common Stock, $0.001 Par Value	Disposition	2012-12-06	100	$7.54	121,994	No	4	S	Direct
Common Stock, $0.001 Par Value	Disposition	2012-12-06	183	$7.55	121,811	No	4	S	Direct
Common Stock, $0.001 Par Value	Disposition	2012-12-06	200	$7.56	121,611	No	4	S	Direct
Common Stock, $0.001 Par Value	Disposition	2012-12-06	600	$7.57	121,011	No	4	S	Direct
Common Stock, $0.001 Par Value	Disposition	2012-12-06	1,000	$7.58	120,011	No	4	S	Direct
Common Stock, $0.001 Par Value	Disposition	2012-12-06	800	$7.59	119,211	No	4	S	Direct
Common Stock, $0.001 Par Value	Disposition	2012-12-06	600	$7.60	118,611	No	4	S	Direct
Common Stock, $0.001 Par Value	Disposition	2012-12-06	200	$7.61	118,411	No	4	S	Direct
Common Stock, $0.001 Par Value	Disposition	2012-12-06	200	$7.62	118,211	No	4	S	Direct
Common Stock, $0.001 Par Value	Disposition	2012-12-06	200	$7.64	118,011	No	4	S	Direct
Common Stock, $0.001 Par Value	Disposition	2012-12-06	200	$7.66	117,811	No	4	S	Direct
Common Stock, $0.001 Par Value	Disposition	2012-12-06	100	$7.69	117,711	No	4	S	Direct
Common Stock, $0.001 Par Value	Disposition	2012-12-06	100	$7.71	117,611	No	4	S	Direct
Common Stock, $0.001 Par Value	Disposition	2012-12-06	307	$7.72	117,304	No	4	S	Direct
Common Stock, $0.001 Par Value	Disposition	2012-12-06	200	$7.73	117,104	No	4	S	Direct
Common Stock, $0.001 Par Value	Disposition	2012-12-06	300	$7.75	116,804	No	4	S	Direct
Common Stock, $0.001 Par Value	Disposition	2012-12-06	110	$7.76	116,694	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock, $0.001 Par Value	Option to Purchase Common Stock, $0.001 par value	$2.55	2004-03-31	2014-01-20	20,000	20,000	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2014-01-20	20,000	20,000	Direct

Footnotes

Option vests 25% at the first quarter end following grant date and each quarter thereafter.