0001140361-11-016513.txt : 20110314 0001140361-11-016513.hdr.sgml : 20110314 20110314211819 ACCESSION NUMBER: 0001140361-11-016513 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20101202 FILED AS OF DATE: 20110314 DATE AS OF CHANGE: 20110314 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: DIRECT INSITE CORP CENTRAL INDEX KEY: 0000879703 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373] IRS NUMBER: 112895590 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 13450 WEST SUNRISE BOULEVARD STREET 2: SUITE 510 CITY: SUNRISE STATE: FL ZIP: 33323 BUSINESS PHONE: 631-873-2900 MAIL ADDRESS: STREET 1: 13450 WEST SUNRISE BOULEVARD STREET 2: SUITE 510 CITY: SUNRISE STATE: FL ZIP: 33323 FORMER COMPANY: FORMER CONFORMED NAME: COMPUTER CONCEPTS CORP /DE DATE OF NAME CHANGE: 19930328 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: METROPOLITAN VENTURE PARTNERS II LP CENTRAL INDEX KEY: 0001165125 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-20660 FILM NUMBER: 11686965 BUSINESS ADDRESS: STREET 1: 257 PARK AVENUE SOUTH STREET 2: 15TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10010 BUSINESS PHONE: 2128443675 MAIL ADDRESS: STREET 1: 257 PARK AVE. SOUTH STREET 2: 15TH FL CITY: NEW YORK STATE: NY ZIP: 10010 4 1 doc1.xml FORM 4 X0303 4 2010-12-02 0 0000879703 DIRECT INSITE CORP DIRI.OB 0001165125 METROPOLITAN VENTURE PARTNERS II LP 590 MADISON AVENUE 34TH FLOOR NEW YORK NY 10022 0 0 1 0 Common Stock 2010-12-02 4 A 0 10225 0.978 A 79259 D Common Stock 2010-12-02 4 A 0 11136 0.898 A 90395 D Common Stock 2315790 D The shares were issued directly to Metropolitan Venture Partners Corp. ("MetVP Corp.") in respect of board fees for services provided by Michael Levin. Mr. Levin serves on the board of directors and is a shareholder of MetVP Corp. Metropolitan Venture Partners (Advisors), L.P. ("MetVP Advisors") is the general partner of Metropolitan Venture Partners II, L.P ("MetVP II"). MetVP Corp. is the general partner of MetVP Advisors. MetVP Advisors and MetVP Corp. may be deemed, pursuant to Rule 13d-3 under the Securities Exchange Act of 1934, as amended ("Exchange Act"), to beneficially own the securities disclosed on this Form 4. Pursuant to Rule 16a-1(a)(4) under the Exchange Act, this filing shall not be deemed an admission that MetVP Advisors or MetVP Corp., for purposes of Section 16 of the Exchange Act or otherwise, are the beneficial owners of the securities owned by MetVP II in excess of the amount of their respective pecuniary interests in such securities, and MetVP Advisors and MetVP Corp. disclaim beneficial ownership of such shares. Represents aggregate amount of shares owned by MetVP Corp., including 69,034 shares of Common Stock that were issued to MetVP II for board fees earned by MetVP Corp. that will be assigned to MetVP Corp. Represents the aggregate amount of shares of Common Stock owned by MetVP II, excluding 69,034 shares of Common Stock that were issued to MetVP II for board fees earned by MetVP Corp. that will be assigned to MetVP Corp. Reporting Person may be deemed to be a director for purposes of Section 16 of the Exchange Act by reason of its right to nominate one person to serve on the Board of Directors of the Company in accordance with terms and conditions of a Stock Purchase and Registration Rights Agreement dated as of September 25, 2002 by and between the Reporting Person and the Issuer. /s/ Michael Levin 2011-03-14 EX-99.1 2 misc1.htm MISCELLANEOUS EXHIBITS Unassociated Document  
 

EXHIBIT 99
 
 
FORM 4 JOINT FILER INFORMATION

 
Name:            Metropolitan Venture Partners (Advisors), LP
 
Address:       c/o Metropolitan Venture Partners
590 Madison Avenue, 34th Floor
New York, New York 10022
 
Designated Filer:                         Metropolitan Venture Partners II LP
 
Issuer & Ticker Symbol:                     Direct Insite Corp (DIRI.OB)

Statement for Month/Date/Year:                   12/02/2010

 
 Signature:
METROPOLITAN VENTURE PARTNERS (ADVISORS), LP
 
By:
 
 
By:
Metropolitan Venture Partners Corp., its general partner
 
 
/s/ Michael Levin                           
Name: Michael Levin
Title: Vice President of Finance

 
 
 
 
 
 
 
 
Name:            Metropolitan Venture Partners Corp.
    
Address:        c/o Metropolitan Venture Partners
590 Madison Avenue, 34th Floor
New York, New York 10022
 
Designated Filer:                        Metropolitan Venture Partners II LP
 
Issuer & Ticker Symbol:                    Direct Insite Corp (DIRI.OB)
 
Statement for Month/Date/Year:              12/02/2010
 
     Signature:                                       METROPOLITAN VENTURE PARTNERS CORP.
 
 
 
By:
/s/ Michael Levin                           
Name: Michael Levin
Title: Vice President of Finance