Filing Details

Accession Number:
0001213900-18-013342
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-10-01 17:47:33
Reporting Period:
2018-09-28
Accepted Time:
2018-10-01 17:47:33
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1397047 Flexshopper Inc. FPAY Services-Equipment Rental & Leasing, Nec (7359) 205456087
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1733295 Ravi Radhakrishnan C/O Flexshopper, Inc.
2700 North Military Trail, Ste. 200
Boca Raton FL 33431
Chief Risk Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2018-09-28 90,000 $1.00 156,800 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Warrants (right to buy) Acquisiton 2018-09-28 45,000 $0.00 45,000 $1.25
Common Stock Warrants (right to buy) Acquisiton 2018-09-28 150,000 $0.30 150,000 $1.25
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
45,000 2018-09-28 2023-09-28 No 4 P Direct
195,000 2018-09-28 2023-09-28 No 4 P Direct
Footnotes
  1. 1. The shares of common stock reported in Table I and warrants to purchase common stock reported in the first row of Table II were purchased by the Reporting Person in the Issuer's public offering of Units, which closed on September 28, 2018. Each Unit consists of one share of common stock and one-half (1/2) of one warrant to purchase one share of common stock. The Reporting Person purchased each Unit at the public offering price of $1.00 per Unit.
  2. The price reported in Column 8 is a weighted average price. These warrants were purchased in multiple transactions at prices ranging from $0.27 to $0.31, 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 warrants purchased at each separate price within the ranges set forth in this footnote (2) to this Form 4.