SEC Form 4 · accession 0001213900-18-013334
FlexShopper, Inc. · FPAY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Douglas Allen
Director
Period of report
Sep 28, 2018
Accepted (ET)
Oct 1, 2018 · 5:38 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001397047
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Sep 28, 2018 | P | 100,000 | $1.00 | A | 100,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Warrants (right to buy)F1 | $1.25 | Sep 28, 2018 | P | 50,000 | A | Sep 28, 2018 | Sep 28, 2023 | Common Stock | 50,000 | 50,000 | D |
Explanation of responses
- F1The shares of common stock reported in Table I and warrants to purchase common stock reported in Table II were purchased by the Reporting Person in the Issuer's public offering of Units, which closed on September 28, 2018. Each Unit consists of one share of common stock and one-half (1/2) of one warrant to purchase one share of common stock. The Reporting Person purchased each Unit at the public offering price of $1.00 per Unit.