Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
STOWE WALTER B JR
  2. Issuer Name and Ticker or Trading Symbol
VENDINGDATA CORP [VNX]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
See Remarks
(Last)
(First)
(Middle)
1120 TOWN CENTER DRIVE, SUITE 260
3. Date of Earliest Transaction (Month/Day/Year)
04/06/2007
(Street)

LAS VEGAS, NV 89144
4. If Amendment, Date 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
(City)
(State)
(Zip)
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

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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 Underlying Securities
(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 of Derivative Security: 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) $ 2.5               (1) 05/01/2012 Common Stock 100,000   100,000 D  
Option/Right to Buy (2) $ 2.8 04/06/2007   A   30,000     (2) 03/28/2013 Common Stock 30,000 $ 0 30,000 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
STOWE WALTER B JR
1120 TOWN CENTER DRIVE
SUITE 260
LAS VEGAS, NV 89144
      See Remarks  

Signatures

 /s/Walter B. Stowe, Jr.   04/10/2007
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) As previously reported, on May 1, 2006, VendingData Corporation (the "Company") granted Mr. Stowe an option to purchase 100,000 shares of the Company's $0.001 par value common stock ("Common Stock") at $2.50 per share pursuant to the Company's 1999 Stock Option Plan (the "Plan"). The options vest over three years, with 33,400 shares vesting on May 1, 2007; 33,300 shares vesting on May 1, 2007; and the remaining 33,300 shares vesting on May 1, 2009. In the event of a change of control the vesting date of any unexercised options will accelerate to the change-of-control date.
(2) On April 6, 2007, the Company issued to Mr. Stowe options to purchase 30,000 shares of Common Stock at $2.80 per share pursuant to the Plan. The options vest over three years with 10,000 shares vesting on March 28, 2008; 10,000 shares vesting on March 28, 2009; and the remaining 10,000 shares vesting on March 28, 2010.
 
Remarks:
General Counsel/Vice President of Legal & Compliance

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