Dvorkin Howard - 13 Aug 2024 Form 4 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
13 Aug 2024
Net transactions value
+$33,343
Form type
4
Filing time
15 Aug 2024, 17:52:58 UTC
Previous filing
02 Jul 2024
Next filing
19 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FPAY Common Stock Purchase $28,361 +26,756 +0.6% $1.06 4,476,802 13 Aug 2024 See footnote F1, F3
transaction FPAY Common Stock Purchase $4,982 +4,613 +0.1% $1.08 4,481,415 14 Aug 2024 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 $1.05 to $1.07, 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 $1.06 to $1.10, 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 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.