Filing Details

Accession Number:
0001213900-21-026999
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-05-17 16:11:26
Reporting Period:
2021-05-13
Accepted Time:
2021-05-17 16:11:26
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
1569288 Howard Dvorkin C/O Flexshopper, Inc.
901 Yamato Road, Ste. 260
Boca Raton FL 33431
Yes No Yes 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 2021-05-13 127,253 $2.40 2,738,548 No 4 P Indirect See footnote
Common Stock Acquisiton 2021-05-13 50,000 $2.40 2,025,361 No 4 P Indirect See footnote
Common Stock Acquisiton 2021-05-14 23,411 $2.57 2,761,959 No 4 P Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See footnote
No 4 P Indirect See footnote
No 4 P Indirect See footnote
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.35 to $2.44, inclusive. The reporting person undertakes to provide to FlexShopper, Inc. (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 this footnote.
  2. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.46 to $2.60, inclusive. The reporting person undertakes to provide to FlexShopper, Inc. (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 this footnote.
  3. Held of record by NRNS Capital Holdings, LLC ("NRNS"), of which the reporting person is the manager. The reporting person disclaims beneficial ownership of the Issuer held of record by NRNS except to the extent of his pecuniary interest therein. Amount excludes 753,697 shares of the Issuer's common stock which are issuable upon the exercise of warrants held of record by NRNS.
  4. Held of record by PITA Holdings, LLC ("PITA"). The manager of PITA is Beta Investment Group, Inc. ("Beta"), of which the reporting person is the President. The reporting person disclaims beneficial ownership of the securities of the Issuer held of record by PITA except to the extent of his pecuniary interest therein. Amount excludes 990,000 shares of the Issuer's common stock which are issuable upon the exercise of warrants held of record by PITA.