Form Type: 4

SEC EDGAR Link
Accession Number:0001213900-21-062345
Date:2021-11-24
Issuer: FLEXSHOPPER, INC. (FPAY)
Original Submission Date:

Reporting Person:

DVORKIN HOWARD
C/O FLEXSHOPPER, INC.
901 YAMATO ROAD, STE. 260 BOCA RATON, FL 33431

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2021-11-24 P 15,606 a $2.46 3,155,315 indirect f3
COMMON STOCK 2021-11-26 P 30,000 a $2.52 3,185,315 indirect f3
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
Footnotes
IDfootnote
f1 the price reported in column 4 is a weighted average price. these shares were purchased in multiple transactions at prices ranging from $2.43 to $2.49, 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 $2.51 to $2.53, 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.
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