0001140361-14-002182.txt : 20140114 0001140361-14-002182.hdr.sgml : 20140114 20140114205724 ACCESSION NUMBER: 0001140361-14-002182 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20140110 FILED AS OF DATE: 20140114 DATE AS OF CHANGE: 20140114 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: Lisiak Paul CENTRAL INDEX KEY: 0001569703 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-20660 FILM NUMBER: 14528548 MAIL ADDRESS: STREET 1: C/O DIRECT INSITE CORP STREET 2: 500 E BROWARD BOULEVARD, STE 1550 CITY: FT LAUDERDALE STATE: FL ZIP: 33394 4 1 doc1.xml FORM 4 X0306 4 2014-01-10 0 0000879703 DIRECT INSITE CORP DIRI 0001569703 Lisiak Paul 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 92369 D Common Stock, par value $.0001 per share 2014-01-10 4 D 0 45395 1.50 D 2315790 I See Footnotes Common Stock, par value $.0001 per share 2014-01-10 4 D 0 372155 1.50 D 1943635 I See Footnotes Common Stock, par value $.0001 per share 2014-01-13 4 J 0 375143 0.00 D 1892613 I See Footnotes Common Stock, par value $.0001 per share 2014-01-13 4 J 0 225813 0.00 A 1892613 I See Footnotes Common Stock, par value $.0001 per share 2014-01-13 4 J 0 98308 0.00 A 1892613 I See Footnotes Common Stock, par value $.0001 per share 2014-01-13 4 J 0 225813 0.00 D 1868068 I See Footnotes Common Stock, par value $.0001 per share 2014-01-13 4 J 0 201268 0.00 A 1868068 I See Footnotes The Reporting Person is a managing director of Metropolitan Venture Partners Corp. ("MetVP Corp."), which is the general partner of Metropolitan Venture Partners (Advisors), L.P. ("MetVP Advisors") and of Metropolitan Venture Partners, L.P. ("MetVP LP"). The Reporting Person is also a member of the board of representatives of Metropolitan GP Holdings, LLC, Series METVP II ("MetGP"), the current general partner of Metropolitan Venture Partners II, L.P. ("MetVP II"). MetVP Advisors was, until shortly before the transactions described herein, the general partner of MetVP II. Pursuant to Rule 16a-1(a)(4) under the Exchange Act, this filing shall not be deemed an admission that, for purposes of Section 16 of the Exchange Act or otherwise, the Reporting Person is or was the beneficial owner of the securities owned by any of the aforementioned entities other than to the extent of his pecuniary interest in such shares. Includes shares held by MetVP II, MetVP Corp., MetVP LP and MetVP Advisors. See explanatory note (1). MetVP Corp. sold 45,395 shares for $1.50 per share. MetVP II sold 372,155 shares for $1.50 per share. MetVP II distributed 375,143 shares to certain of its limited partners in connection with such limited partners' withdrawal from MetVP II. Of these 375,143 shares, 225,813 shares were distributed to MetVP Advisors and 98,308 shares were distributed to MetVP LP. MetVP Advisors distributed to its limited partners the 225,813 shares received in the distribution described above. Of these 225,813 shares, 201,268 shares were distributed to MetVP LP. /s/ Paul Lisiak 2014-01-14