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Dvorkin Howard's Form 4/A amendment

Amended

FlexShopper, Inc. (FPAY) · filed Dec 23, 2021

Accession no.
0001213900-21-067302
Filed
Dec 23, 2021
Trade date
Dec 10-20, 2021
Filing delay
13 days
Rule 10b5-1 plan
Not on the form (before 2023)
Original filed
Dec 21, 2021

This filing lists 3 non-derivative transactions. Open-market purchases total $172.7K. It was filed 13 days after the trade.

This amendment replaces 0001213900-21-066687 (filed Dec 21, 2021).

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Dvorkin HowardCIK 0001569288Director, 10% Owner

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Dec 10, 2021Common StockPPurchaseAcquired+12,500$2.56F1+$32,0003,359,931Indirect
Dec 17, 2021Common StockPPurchaseAcquired+46,569$2.33F2+$108,505.773,406,500Indirect
Dec 20, 2021Common StockPPurchaseAcquired+14,057$2.29F3+$32,190.533,420,557Indirect

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F1

The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.55 to $2.56, inclusive. The reporting person undertakes to provide to FlexShopper, Inc. (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 shares purchased at each separate price within the ranges set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

F2

The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.33 to $2.35, inclusive. The reporting person undertakes to provide to FlexShopper, Inc. (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 shares purchased at each separate price within the ranges set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

F3

The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.27 to $2.31, inclusive. The reporting person undertakes to provide to FlexShopper, Inc. (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 shares purchased at each separate price within the ranges set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

F4

Held of record by PITA Holdings, LLC ("PITA"). The manager of PITA is Beta Investment Group, Inc. ("Beta"), 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. Amount excludes 1,190,000 shares of the Issuer's common stock which are issuable upon the exercise of warrants held of record by PITA.

Read the full filing on SEC EDGAR (opens in a new tab)