-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, HfAgolLwUvJCkyM7MrEzfV3xU0C2l4ez7y2hNhR/JlVbMq2Qfk0iVOKnR1S3jYVy CByi9G8hyDtlmNTNUnq00A== 0001201800-05-000071.txt : 20050414 0001201800-05-000071.hdr.sgml : 20050414 20050414152811 ACCESSION NUMBER: 0001201800-05-000071 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20050412 FILED AS OF DATE: 20050414 DATE AS OF CHANGE: 20050414 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: 80 ORVILLE DR CITY: BOHEMIA STATE: NY ZIP: 11716 BUSINESS PHONE: 5162441500 MAIL ADDRESS: STREET 1: 80 ORVILLE DRIVE CITY: BOHEMIA STATE: NY ZIP: 11716 FORMER COMPANY: FORMER CONFORMED NAME: COMPUTER CONCEPTS CORP /DE DATE OF NAME CHANGE: 19930328 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: CARBERRY ROBERT CENTRAL INDEX KEY: 0001220688 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-20660 FILM NUMBER: 05750691 BUSINESS ADDRESS: STREET 1: DIRECT INSITE CORP STREET 2: 80 ORVILLE DR CITY: BOHEMIA STATE: NY ZIP: 11716 BUSINESS PHONE: 6312441500 4 1 edgar.xml PRIMARY DOCUMENT X0202 4 2005-04-12 0000879703 DIRECT INSITE CORP DIRI 0001220688 CARBERRY ROBERT C/O DIRECT INSITE CORP. 80 ORVILLE DRIVE BOHEMIA NY 11716 0 1 0 0 President Common Stock 4400 D 2005 Stock Option Plan (Right to Buy) .70 2005-04-12 2005-04-12 4 A 0 100000 .70 A 2005-04-12 2010-04-30 Commo Stock 100000 100000 D 2005 Stock Option Plan (Right to Buy) .50 2005-04-12 2005-04-12 4 A 0 100000 .50 A 2005-04-12 2010-04-30 Common Stock 100000 100000 D 2003-A Stock Option Plan (Right to Buy) 1.16 2003-08-25 4 A 0 200000 1.16 A 2003-08-25 2008-08-31 Common Stock 200000 200000 D 2003A Stock Option Plan (Right to Buy) 1.26 2003-07-18 4 A 0 3000 1.26 A 2005-03-31 2006-04-01 Common Stock 3000 3000 D 2002A Stock Option Plan (Right to Buy) 2.05 2002-12-18 4 A 0 57500 2.05 A 2005-06-30 2005-06-30 Common Stock 57500 57500 D The options become exercisable as follows: 150,000 immediately, then 5,000 per month for 10 months. The options become exercisable as follows: one-third on 6/30/03; one-third on 6/30/04; one-third on 6/30/05. Options vest at the rate of 12,000 immediately, 2,750 per month beginning 5/1/05 for 31 months and 2,805 on 12/1/07. Exercise of these options is contingent upon shareholder approval of the 2005 Stock Option Plan. Options vest at the rate of 15,300 immediately, 3,850 per month beginning 5/1/05 for 21 months and 3,850 on 2/1/07. Exercise of these options is contingent upon shareholder approval of the 2005 Stock Option Plan. Robert Carberry 2005-04-13 -----END PRIVACY-ENHANCED MESSAGE-----