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FlexShopper, Inc. — Director's Dealing 2019
May 1, 2019
35035_dirs_2019-05-01_76cac2c5-1d14-4fc5-ac9d-10f8ceb48586.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: 2019-03-31
Reporting Person: Dvorkin Howard (Director, 10% Owner)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-03-31 | Warrants (right to buy) | $1.25 | A | 40000 | Acquired | 2023-06-30 | Common Stock (40000) | Indirect |
| 2019-04-23 | Common Stock Option | $0.86 | A | 70000 | Acquired | 2029-04-23 | Common Stock (70000) | Direct |
| 2019-04-23 | Common Stock Option | $0.86 | A | 66500 | Acquired | 2029-04-23 | Common Stock (66500) | Direct |
| 2019-04-30 | Warrants (right to buy | $1.25 | A | 40000 | Acquired | 2023-06-30 | Common Stock (40000) | Indirect |
Footnotes
F1: Awarded pursuant to that certain Consulting Agreement, dated February 19, 2019, by and between the Issuer and XLR8 Capital Partners, LLC.
F2: Held by PITA Holdings, LLC ("PITA"). The manager of PITA is Beta Investment Group, Inc., 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.
F3: One-fourth of the Common Stock Option was exercisable upon grant and the remaining portion vests in three equal quarterly installments beginning on June 30, 2019.