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FlexShopper, Inc. Director's Dealing 2018

Oct 1, 2018

35035_dirs_2018-10-01_781dab98-5f8a-46bf-96d7-5c314bb12a78.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FlexShopper, Inc. (FPAY)
CIK: 0001397047
Period of Report: 2018-09-28

Reporting Person: Radhakrishnan Ravi (Chief Risk Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-09-28 Common Stock P 90000 $1 Acquired 156800 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2018-09-28 Warrants (right to buy) $1.25 P 45000 Acquired 2023-09-28 Common Stock (45000) Direct
2018-09-28 Warrants (right to buy) $1.25 P 150000 Acquired 2023-09-28 Common Stock (150000) Direct

Footnotes

F1: 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.

F2: 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.