Initial Statement of Beneficial Ownership (3)

FORM 3	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES	OMB APPROVAL OMB Number: 3235-0104 Estimated average burden hours per response... 0.5
	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person ^*

King Timothy P

2. Date of Event Requiring Statement (MM/DD/YYYY) 6/5/2019

3. Issuer Name and Ticker or Trading Symbol

ALLIANCE DATA SYSTEMS CORP [ADS]

(Last) (First) (Middle)

3075 LOYALTY CIRCLE

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director _____ 10% Owner
___ X ___ Officer (give title below) _____ Other (specify below)
EVP & Chief Financial Officer /

(Street)

COLUMBUS, OH 43219

(City) (State) (Zip)

5. If Amendment, Date Original Filed (MM/DD/YYYY)

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 Beneficially Owned
1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	11967.752 ⁽¹⁾	D

*Table II - Derivative Securities Beneficially Owned ( e.g.* , puts, calls, warrants, options, convertible securities)**
1. Title of Derivate Security (Instr. 4)	2. Date Exercisable and Expiration Date (MM/DD/YYYY)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivate Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)

Explanation of Responses:

(1)

The total number of securities beneficially owned includes: (a) 3,755.752 unrestricted shares; (b) 245 unvested units from an award of 720 time-based restricted stock units granted 2/15/17, which are scheduled to vest on 2/18/20; (c) 684 unvested units from an award of 2,010 performance-based restricted stock units granted 2/15/17, which are scheduled to vest on 2/18/20; (d) 475 unvested units from an award of 708 time-based restricted stock units granted 2/15/18, of which 234 units will vest on 2/18/20 and 241 units will vest on 2/16/21; (e) 1,439 unvested units from an award of 2,147 performance-based restricted stock units granted 2/15/18, of which 709 units will vest on 2/18/20 and 730 units will vest on 2/16/21; (f) 1,073 unvested time-based restricted stock units granted 2/15/19, of which 354 units will vest on each of 2/18/20 and 2/16/21 and 365 units will vest on 2/15/22; (continued below)

Remarks:
(1) continued from above: and (g) 4,296 unvested performance-based restricted stock units granted 2/15/19, which may be adjusted up or down at the time the performance restriction lapses. The restriction may lapse with respect to 33% of such shares on each of 2/18/20 and 2/16/21 and with respect to 34% of such shares on 2/15/22 contingent on meeting an EBT metric for 2019 and subject to continued employment by the Reporting Person on the vesting dates.

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
King Timothy P 3075 LOYALTY CIRCLE COLUMBUS, OH 43219			EVP & Chief Financial Officer

Signatures
Cynthia L. Hageman, Attorney in Fact		6/13/2019
^** 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 5(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).
Note:	File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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