STERN GARY 4
4 · ASTA FUNDING INC · Filed Jan 29, 2010
Insider Transaction Report
Form 4
ASTA FUNDING INCASFI
STERN GARY
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Common Stock, par value $.01 per share
2010-01-27$2.63/sh+300,000$787,500→ 767,724 total - Exercise/Conversion
Employee Stock Option (right to buy)
2010-01-27−300,000→ 0 totalExercise: $2.63Exp: 2010-09-18→ Common Stock, par value $.01 per share (300,000 underlying)
Footnotes (2)
- [F1]Mr. Stern indirectly owns 196,656 shares of common stock as custodian for his minor children. 285,607 shares of common stock owned by Asta Group and 684,945 shares owned by GMS Family Investors LLC are attributable to Mr. Stern based on his percentage ownership of Asta Group and GMS Family Investors LLC, respectively. Mr. Stern does not have voting or investment power with respect to any of the shares held by the LLC and disclaims beneficial ownership of the shares owned by the LLC.
- [F2]100,000 options became exercisable on 9/18/2001, 100,000 options became exercisable on 9/18/2002 and 100,000 options became exercisable on 9/18/2003.