BROADWAY FINANCIAL CORP \DE\ — Director's Dealing 2009

Apr 30, 2009

SEC Form 4/A — Form 4/A

Issuer: BROADWAY FINANCIAL CORP \DE\ (BYFC)
CIK: 0001001171
Period of Report: 2009-01-21

Reporting Person: Williams Elrick (Director, Employed by a 10.5% owner)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-01-21	Stock Option (Right To Buy)	$4.00	A		Acquired	2019-01-21	Common Stock ()	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	189817	Indirect

Footnotes

F1: This is a stock option grant (right to buy) approved by the Board of Directors on January 21, 2009 for vesting upon granting.

F2: This stock option grant will renew each year on January 21, 2009 until the Board of Directors discontinues.

F3: Mr. Elrick Williams is Chairman of Williams Holdings Group LLC. The reporting person disclaims beneficial ownership of the securities held by Williams Holding Group, except to the extent of his pecuinary interest therein.

F4: The common stock may be exercised at any time, at the holder's election, and has no expiration date. The purchases reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2008.