Levin Michael 4
4 · DIRECT INSITE CORP · Filed Jul 19, 2011
Insider Transaction Report
Form 4
DIRECT INSITE CORPDIRI.OB
Levin Michael
Director
Transactions
- Award
Common Stock
2011-07-15+12,888→ 14,888 total
Holdings
- 2,000
Common Stock
- 2,361,185(indirect: Indirect)
Common Stock
Footnotes (2)
- [F1]Represents (i) 2,315,790 shares directly owned by MVP II which Mr. Levin may be deemed to indirectly beneficially own and with respect to which Mr. Levin may be deemed to share voting and investment power, (ii) 90,395 shares directly owned by MVP Corp. and with respect to which Mr. Levin may be deemed to share voting and investment power. Mr. Levin is a managing director and a shareholder of MVP Corp., which is the general partner of MVP Advisors which is the general partner of MVP II. The Reporting Person disclaims beneficial ownership of the securities except to the extent of his pecuniary interest therein.
- [F2]Director fees.