Form 4 Browne Spencer

4 - Statement of changes in beneficial ownership of securities

Published: 2005-04-08 21:36:32
Submitted: 2005-04-08
Period Ending In: 2004-03-31
doc4.html FORM 4 SUBMISSION


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SEC FORM 4

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
  
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
BROWNE SPENCER

(Last) (First) (Middle)
681 GOVERNORS LAKE PARKWAY
SUITE 110

(Street)
NORCROSS GA 30071

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
INTERNET COMMERCE CORP [ ICCA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/31/2004
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 03/31/2004 A 5,000(1) A $0.00(1) 202,722 D
Class A Common Stock 06/30/2004 A 5,000(1) A $0.00(1) 207,722 D
Class A Common Stock 09/30/2004 A 5,000(1) A $0.00(1) 212,722 D
Class A Common Stock 12/31/2004 A 5,000(1) A $0.00(1) 217,722 D
Class A Common Stock 03/31/2005 A 5,085(2) A $0.00(2) 222,807 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Issued in quarterly installments in respect of annual compensation for serving as non-employee director of Issuer during 2004.
2. Issued as first quarterly installment in respect of annual compensation for serving as a non-employee director of the Issuer during 2005.
Remarks:
/s/ Spencer I. Browne 04/08/2005
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
1
doc4.xml FORM 4 SUBMISSION
Schema Version:
X0202
Document Type:
4
Period Of Report:
2004-03-31
Not Subject To Section16:
0

Issuer

Issuer Cik
0000894738
Issuer Name
INTERNET COMMERCE CORP
Issuer Trading Symbol
ICCA

Reporting Owner

Reporting Owner Id

Rpt Owner Cik
0001130734
Rpt Owner Name
BROWNE SPENCER

Reporting Owner Address

Rpt Owner Street1
681 GOVERNORS LAKE PARKWAY
Rpt Owner Street2
SUITE 110
Rpt Owner City
NORCROSS
Rpt Owner State
GA
Rpt Owner Zip Code
30071

Reporting Owner Relationship

Is Director
1
Is Officer
0
Is Ten Percent Owner
0
Is Other
0

Non Derivative Transaction

Security Title
Class A Common Stock
Transaction Date
2004-03-31

Transaction Coding

Transaction Form Type
4
Transaction Code
A
Equity Swap Involved
0

Transaction Amounts

Transaction Shares

Value
5000
@attributes Id
F1

Transaction Price Per Share

Value
0.00
@attributes Id
F1
Transaction Acquired Disposed Code
A
Shares Owned Following Transaction
202722
Direct Or Indirect Ownership
D
Security Title
Class A Common Stock
Transaction Date
2004-06-30

Transaction Coding

Transaction Form Type
4
Transaction Code
A
Equity Swap Involved
0

Transaction Amounts

Transaction Shares

Value
5000
@attributes Id
F1

Transaction Price Per Share

Value
0.00
@attributes Id
F1
Transaction Acquired Disposed Code
A
Shares Owned Following Transaction
207722
Direct Or Indirect Ownership
D
Security Title
Class A Common Stock
Transaction Date
2004-09-30

Transaction Coding

Transaction Form Type
4
Transaction Code
A
Equity Swap Involved
0

Transaction Amounts

Transaction Shares

Value
5000
@attributes Id
F1

Transaction Price Per Share

Value
0.00
@attributes Id
F1
Transaction Acquired Disposed Code
A
Shares Owned Following Transaction
212722
Direct Or Indirect Ownership
D
Security Title
Class A Common Stock
Transaction Date
2004-12-31

Transaction Coding

Transaction Form Type
4
Transaction Code
A
Equity Swap Involved
0

Transaction Amounts

Transaction Shares

Value
5000
@attributes Id
F1

Transaction Price Per Share

Value
0.00
@attributes Id
F1
Transaction Acquired Disposed Code
A
Shares Owned Following Transaction
217722
Direct Or Indirect Ownership
D
Security Title
Class A Common Stock
Transaction Date
2005-03-31

Transaction Coding

Transaction Form Type
4
Transaction Code
A
Equity Swap Involved
0

Transaction Amounts

Transaction Shares

Value
5085
@attributes Id
F2

Transaction Price Per Share

Value
0.00
@attributes Id
F2
Transaction Acquired Disposed Code
A
Shares Owned Following Transaction
222807
Direct Or Indirect Ownership
D

Footnote

0
Issued in quarterly installments in respect of annual compensation for serving as non-employee director of Issuer during 2004.
1
Issued as first quarterly installment in respect of annual compensation for serving as a non-employee director of the Issuer during 2005.

Owner Signature

Signature Name
/s/ Spencer I. Browne
Signature Date
2005-04-08
Additional Files
FileSequenceDescriptionTypeSize
0001209191-05-020107.txt   Complete submission text file   11936
$ICCA

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