Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

FlexShopper, Inc. Director's Dealing 2008

Dec 2, 2008

35035_dirs_2008-12-02_9ddb814f-a3ea-42f5-8b30-703786f5c69b.zip

Director's Dealing

Open in viewer

Opens in your device viewer

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