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FlexShopper, Inc. — Director's Dealing 2008
Dec 2, 2008
35035_dirs_2008-12-02_9ddb814f-a3ea-42f5-8b30-703786f5c69b.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Anchor Funding Services, Inc. (AFNG)
CIK: 0001397047
Period of Report: 2008-12-01
Reporting Person: DELAPE FRANK M (Director, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2008-12-01 | Common Stock | S | 700000 | $.22 | Disposed | 0 | Indirect |
| 2008-12-01 | Common Stock | S | 300000 | $.22 | Disposed | 0 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2008-12-02 | Stock Option | $1.25 | J | 60000 | Disposed | 2017-01-31 | Common Stock (60000) | Direct |
Footnotes
F1: Benchmark Equities Group was the owner of 700,000 shares, which company is controlled by Frank DeLape.
F2: This is a Family Trust which owned 300,000 shares and Kimberly DeLape, the wife of Frank DeLape, is the trustee.
F3: Includes 300,000 shares held in two other family trust for children of Frank DeLape.
F4: The Reporting Person was granted options to purchase 180,000 shares on January 31, 2007 with one third vesting on date of
grant, one-third vesting on February 29, 2008 and the balance vesting on February 28, 2009, subject to Mr. DeLape remaining
a board member on the vesting date. Mr. DeLape resigned from the Board of the Issuer on December 2, 2008.
F5: This is an option grant for which there is no purchase price