DIRECT INSITE CORP 4
4 · DIRECT INSITE CORP · Filed May 26, 2015
Insider Transaction Report
Form 4
Lund Thomas C
Director
Transactions
- Purchase
Common Stock, par value $.0001 per share
2015-05-21$0.87/sh+15,500$13,485→ 676,319 total(indirect: By Trust) - Purchase
Common Stock, par value $.0001 per share
2015-05-22$0.85/sh+17,000$14,450→ 693,319 total(indirect: By Trust)
Holdings
- 589,733(indirect: By Spouse)
Common Stock, par value $.0001 per share
- 216,234
Common Stock, par value $.0001 per share
Footnotes (3)
- [F1]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.
- [F2]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.
- [F3]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.