0001354488-16-005790.txt : 20160105 0001354488-16-005790.hdr.sgml : 20160105 20160105204452 ACCESSION NUMBER: 0001354488-16-005790 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20151231 FILED AS OF DATE: 20160105 DATE AS OF CHANGE: 20160105 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: Lund Thomas C CENTRAL INDEX KEY: 0001403526 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-20660 FILM NUMBER: 161325113 MAIL ADDRESS: STREET 1: 4001 TAMIAMI TRAIL NORTH STREET 2: SUITE 350 CITY: NAPLES STATE: FL ZIP: 34103 4 1 issuerdirect_section16.xml PRIMARY DOCUMENT X0306 4 2015-12-31 0 0000879703 DIRECT INSITE CORP DIRI 0001403526 Lund Thomas C C/O DIRECT INSITE CORP. 500 E. BROWARD BLVD., SUITE 1550 FT. LAUDERDALE FL 33394 1 Common Stock, par value $.0001 per share 2015-12-31 4 A 0 4045 0 A 225297 D Common Stock, par value $.0001 per share 2016-01-01 4 A 0 40453 0 A 265750 D Common Stock, par value $.0001 per share 2230334 I . 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. Represents an annual grant of shares of restricted stock as compensation for service as a director of the Issuer. 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. Includes 1,640,601 shares held in trust under Trust Agreement dated 9/16/94, Thomas C. Lund Trustee for the benefit of Thomas C. Lund and 589,733 shares held by spouse. /s/ Lowell Rush, attorney in fact 2016-01-05