Dvorkin Howard - 28 May 2021 Form 4 Insider Report for FlexShopper, Inc. (FPAY)

Role: Director, 10%+ Owner
Signature: /s/ Howard Dvorkin by H. Russell Heiser Jr, as attorney-in-fact
Issuer symbol: FPAY
Transactions as of: 28 May 2021
Net transactions value: +$111,524
Form type: 4
Filing time: 01 Jun 2021, 17:29:07 UTC
Previous filing: 17 May 2021
Next filing: 02 Jun 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FPAY	Common Stock	Purchase	$100,438	+37,477	+1.4%	$2.68	2,799,436	28 May 2021	See footnote	F1, F4
transaction	FPAY	Common Stock	Purchase	$11,085	+4,280	+0.21%	$2.59	2,029,641	28 May 2021	See footnote	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.61 to $2.71, 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.
F2	The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.58 to $2.60, 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.
F3	Held of record by NRNS Capital Holdings, LLC ("NRNS"), of which the reporting person is the manager. The reporting person disclaims beneficial ownership of the Issuer held of record by NRNS except to the extent of his pecuniary interest therein. Amount excludes 753,697 shares of the Issuer's common stock which are issuable upon the exercise of warrants held of record by NRNS.
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 1,030,000 shares of the Issuer's common stock which are issuable upon the exercise of warrants held of record by PITA.