0001140361-13-013904.txt : 20130325 0001140361-13-013904.hdr.sgml : 20130325 20130325172329 ACCESSION NUMBER: 0001140361-13-013904 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110101 FILED AS OF DATE: 20130325 DATE AS OF CHANGE: 20130325 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: CANNAVINO JAMES A CENTRAL INDEX KEY: 0001220686 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-20660 FILM NUMBER: 13714836 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 4 1 doc1.xml FORM 4 X0306 4 2011-01-01 0 0000879703 DIRECT INSITE CORP DIRI 0001220686 CANNAVINO JAMES A C/O DIRECT INSITE CORP. 500 E. BROWARD BLVD., SUITE #1550 FT LAUDERDALE FL 33394 1 0 0 0 Common Stock, par value $.0001 per share 2011-01-01 4 A 0 16129 0 A 2037916 D Common Stock, par value $.0001 per share 2011-12-31 4 A 0 22891 0 A 2410807 D Common Stock, par value $.0001 per share 2012-01-01 4 A 0 15152 0 A 2425959 D Common Stock, par value $.0001 per share 2012-03-31 4 A 0 6731 0 A 2432690 D Common Stock, par value $.0001 per share 2012-06-30 4 A 0 6073 0 A 2438766 D Common Stock, par value $.0001 per share 2012-09-30 4 A 0 5833 0 A 2444599 D Common Stock, par value $.0001 per share 2012-12-31 4 A 0 5336 0 A 2449935 D Represents an annual grant of shares of restricted stock as compensation for service as a director of the Issuer. Represents shares of common stock that the Reporting Person elected to receive in lieu of cash director fees. Pursuant to the Directors' Deferred Compensation Plan of the Issuer, the Reporting Person has elected to defer receipt of the shares until January 15th of the year following his termination of service as director. The shares vest daily over a two-year period. Pursuant to the Directors' Deferred Compensation Plan of the Issuer, the Reporting Person has elected to defer receipt of the shares until January 15th of the year following his termination of service as director. /s/ James Cannavino 2013-03-21