Levin Michael 4
4 · DIRECT INSITE CORP · Filed Mar 25, 2013
Insider Transaction Report
Form 4
Levin Michael
Director
Transactions
- Award
Common Stock, par value $.0001 per share
2011-01-01+16,129→ 31,017 total - Award
Common Stock, par value $.0001 per share
2011-05-25+10,092→ 41,109 total - Award
Common Stock, par value $.0001 per share
2011-12-31+11,655→ 52,764 total - Award
Common Stock, par value $.0001 per share
2012-01-01+15,152→ 67,916 total - Award
Common Stock, par value $.0001 per share
2012-03-31+5,770→ 73,686 total - Award
Common Stock, par value $.0001 per share
2012-06-30+3,170→ 76,856 total
Footnotes (4)
- [F1]Represents an annual grant of shares of restricted stock as compensation for service as a director of the Issuer.
- [F2]Represents shares of common stock that the Reporting Person elected to receive in lieu of cash director fees.
- [F3]Pursuant to the Directors' Deferred Compensation Plan of the Issuer, the Reporting Person has elected to defer receipt of the shares until after his termination of service as director.
- [F4]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 after his termination of service as director.