Determine, Inc. (DTRM) Files Form 4 Insider Buying : Lloyd I Iii Miller Buys 18,746 Shares

Determine, Inc. (DTRM): Lloyd I Iii Miller , 10% owner of Determine, Inc. purchased 18,746 shares on Jul 21, 2016. The Insider buying transaction was reported by the company on Jul 22, 2016 to the Securities and Exchange Commission. The shares were purchased at $1.74 per share for a total value of $32,618.04 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jul 20, 2016, Lloyd I Iii Miller (10% owner) purchased 1,220 shares at $1.68 per share price.On Dec 18, 2015, Patrick Stakenas (Chief Executive Officer) sold 189 shares at $2.79 per share price.Also, On Dec 18, 2015, Michael Brodsky (Executive Chairman) sold 1,139 shares at $2.79 per share price.

Determine Inc. formerly Selectica Inc. is a provider of enterprise contract management supply management procure-to-pay and configuration solutions. The Company offers SmartContracts SmartSource and SmartAnalytics. Selectica SmartContracts combines a single enterprise-wide contract repository and authoring platform with a workflow engine capable of supporting each organization’s contract management processes. With Selectica SmartSource enterprises qualify and establish optimal supplier relationships that support savings and risk reduction objectives. With Selectica SmartAnalytics users can view manage and create reports and analytics that provide business insiders across the Company’s solutions and enable users to identify saving opportunities non-compliance opportunities for process efficiencies. It offers its services to update spend analysis sourcing supplier lifecycle management e-procurement asset management and expense management among others.

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