Yesner Jeffrey 4
4 · DIRECT INSITE CORP · Filed May 31, 2013
Insider Transaction Report
Form 4
Yesner Jeffrey
CFO, Secretary & Treasurer
Transactions
- Award
Stock Option (Right to buy)
2013-05-29+25,000→ 25,000 totalExercise: $1.25Exp: 2018-05-29→ Common Stock, par value $.0001 per share (25,000 underlying)
Footnotes (1)
- [F1]The options vest over a four-year period, with (i) 6,250 of such options vesting on May 29, 2014, (ii) 520 of such options vesting monthly over a 35-month period from June 29, 2014 through April 29, 2017, and (iii) the remaining 550 of such options vesting on May 29, 2017.