0001140361-15-014354.txt : 20150403
0001140361-15-014354.hdr.sgml : 20150403
20150403153012
ACCESSION NUMBER: 0001140361-15-014354
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150331
FILED AS OF DATE: 20150403
DATE AS OF CHANGE: 20150403
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: 500 EAST BROWARD BOULEVARD
STREET 2: SUITE 1550
CITY: FORT LAUDERDALE
STATE: FL
ZIP: 33323
BUSINESS PHONE: 631-873-2900
MAIL ADDRESS:
STREET 1: 500 EAST BROWARD BOULEVARD
STREET 2: SUITE 1550
CITY: FORT LAUDERDALE
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: 15751191
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
2015-03-31
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 & Treasurer
Stock Option (Right to buy)
0.90
2015-03-31
4
A
0
90000
0
A
2020-03-31
Common Stock, par value $.0001 per share
90000
170000
D
The options vest over a three-year period, with (i) 30,000 of such options vesting on March 31, 2016, (ii) 30,000 of such options vesting on March 31, 2017, and (iii) the remaining 30,000 of such options vesting on March 31, 2018.
Includes 80,000 options that were granted on December 19, 2013 that vest over a four-year period, with (i) 20,000 of such options vesting on December 19, 2014, and (ii) the remaining balance of such options vesting in increments of 1,667 on the 19th day of each month beginning on January 19, 2015 and 1,655 shares on December 19, 2017. The foregoing sentence revises the description of the vesting of such options that was included in the Reporting Person's Form 4 filed with the Securities and Exchange Commission on December 23, 2013.
/s/ Lowell Rush
2015-04-03