0001140361-13-047368.txt : 20131223 0001140361-13-047368.hdr.sgml : 20131223 20131223162336 ACCESSION NUMBER: 0001140361-13-047368 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20131219 FILED AS OF DATE: 20131223 DATE AS OF CHANGE: 20131223 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: Rush Lowell CENTRAL INDEX KEY: 0001595155 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-20660 FILM NUMBER: 131295048 MAIL ADDRESS: STREET 1: C/O DIRECT INSITE CORP. STREET 2: 500 EAST BROWARD BOULEVARD, SUITE 1550 CITY: FORT LAUDERDALE STATE: FL ZIP: 33394 4 1 doc1.xml FORM 4 X0306 4 2013-12-19 0 0000879703 DIRECT INSITE CORP DIRI 0001595155 Rush Lowell C/O DIRECT INSITE CORP. 500 E. BROWARD BLVD., SUITE #1550 FT. LAUDERDALE FL 33394 0 1 0 0 CFO, Secretary and Treasurer Stock Option (Right to buy) 1.50 2013-12-19 4 A 0 80000 0 A 2018-12-19 Common Stock, par value $.0001 per share 80000 80000 D The options vest over a four-year period, with (i) 20,000 of such options vesting on December 19, 2014, (ii) 1,667 of such options vesting each month over a 35-month period from January 19, 2015 through November 19, 2018, and (iii) the remaining 1,655 of such options vesting on December 19, 2018. /s/ Lowell Rush 2013-12-23