Filing Details

Accession Number:
0001140361-15-021706
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-05-26 16:54:13
Reporting Period:
2015-05-21
Filing Date:
2015-05-26
Accepted Time:
2015-05-26 16:54:13
SEC Url:
Form 4 Filing
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 2015-05-21 15,500 $0.87 676,319 No 4 P Indirect By Trust
Common Stock, Par Value $.0001 Per Share Acquisiton 2015-05-22 17,000 $0.85 693,319 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
  1. This is a weighted average price. These shares were purchased in multiple transactions on May 21, 2015 at prices ranging from $0.83 to $0.90, 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.
  2. 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.
  3. This is a weighted average price. These shares were purchased in multiple transactions on May 22, 2015 at prices ranging from $0.82 to $0.85, inclusive.