Dvorkin Howard - 10 Dec 2021 Form 4/A - Amendment Insider Report for FlexShopper, Inc. (FPAY)

Signature
/s/ Howard Dvorkin by H. Russell Heiser Jr, as attorney-in-fact
Issuer symbol
FPAY
Transactions as of
10 Dec 2021
Net transactions value
+$172,696
Form type
4/A - Amendment
Filing time
23 Dec 2021, 15:05:46 UTC
Date Of Original Report
21 Dec 2021
Previous filing
13 Dec 2021
Next filing
04 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FPAY Common Stock Purchase $32,000 +12,500 +0.37% $2.56 3,359,931 10 Dec 2021 See footnote F1, F4
transaction FPAY Common Stock Purchase $108,506 +46,569 +1.4% $2.33 3,406,500 17 Dec 2021 See footnote F2, F4
transaction FPAY Common Stock Purchase $32,191 +14,057 +0.41% $2.29 3,420,557 20 Dec 2021 See footnote F3, F4
* 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 $2.55 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.
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.
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.
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.