Yesner Jeffrey 4
4 · DIRECT INSITE CORP · Filed Mar 25, 2013
Insider Transaction Report
Form 4
Yesner Jeffrey
CFO, Secretary & Treasurer
Transactions
- Award
Stock Option (Right to buy)
2012-12-17+40,000→ 40,000 totalExercise: $1.15Exp: 2017-12-17→ Common Stock, par value $.0001 per share (40,000 underlying)
Footnotes (1)
- [F1]The options vest over a four-year period, with (i) 10,000 of such options vesting on December 17, 2013, (ii) 833 of such options vesting each month over a 35-month period from January 17, 2014 through November 17, 2016, and (iii) the remaining 845 of such options vesting on December 17, 2016.