STERN GARY 4
4 · ASTA FUNDING INC · Filed Dec 17, 2010
Insider Transaction Report
Form 4
ASTA FUNDING INCASFI
STERN GARY
DirectorPresident and CEO
Transactions
- Award
Employee Stock Option (right to buy)
2010-12-15+60,000→ 60,000 totalExercise: $7.63Exp: 2020-12-15→ Common Stock (60,000 underlying) - Award
Common Stock
2010-12-15+32,765→ 800,489 total
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, except to the extent of his pecuniary interest therein.
- [F2]The options vests in three equal annual installments on December 15, 2010, December 15, 2011 and December 15, 2012