Home > Insider Trading > Filing (0001140361-15-021251)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
879703	Direct Insite Corp	DIRI	Services-Computer Integrated Systems Design (7373)	112895590

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1403526	C Thomas Lund	C/O Direct Insite Corp. 500 E. Broward Blvd., Suite #1550 Ft. Lauderdale FL 33394		Yes	No	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, Par Value $.0001 Per Share	Acquisiton	2015-05-19	183,000	$0.83	594,419	No	4	P	Indirect	By Trust
Common Stock, Par Value $.0001 Per Share	Acquisiton	2015-05-20	66,400	$0.85	660,819	No	4	P	Indirect	By Trust

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	By Trust
No	4	P	Indirect	By Trust

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock, Par Value $.0001 Per Share	589,733	Indirect	By Spouse
Common Stock, Par Value $.0001 Per Share	216,234	Direct

Footnotes

This is a weighted average price. These shares were purchased in multiple transactions on May 19, 2015 at prices ranging from $0.80 to $0.85, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnotes (1) and (3) to this Form 4.
The shares are held in trust under a Trust Agreement dated 9/16/94, Thomas C. Lund Trustee for the benefit of Thomas C. Lund.
This is a weighted average price. These shares were purchased in multiple transactions on May 20, 2015 at prices ranging from $0.78 to $0.87, inclusive.