-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, U4XiRz7maID6mFduI0xfvVvyQlBDI6hJMGzr89MUPoEVPlEseiIVTuUm3oc7jocn H6yRV7moKoTE5sYb1lLJxA== 0001125282-03-003733.txt : 20030604 0001125282-03-003733.hdr.sgml : 20030604 20030604162028 ACCESSION NUMBER: 0001125282-03-003733 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20030530 ITEM INFORMATION: Other events FILED AS OF DATE: 20030604 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ASTA FUNDING INC CENTRAL INDEX KEY: 0001001258 STANDARD INDUSTRIAL CLASSIFICATION: SHORT-TERM BUSINESS CREDIT INSTITUTIONS [6153] IRS NUMBER: 223388607 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-26906 FILM NUMBER: 03732754 BUSINESS ADDRESS: STREET 1: 210 SYLVAN AVE CITY: ENGLEWOOD CLIFFS STATE: NJ ZIP: 07632 BUSINESS PHONE: 2015675648 MAIL ADDRESS: STREET 1: 210 SYLVAN AVE CITY: ENGLEWOOD CLIFFS STATE: NJ ZIP: 07632 8-K 1 b325290_8k.txt FORM 8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED) May 30, 2003 ASTA FUNDING, INC. -------------------------- (Exact name of registrant as specified in its charter) Delaware -------------------------- (State or other jurisdiction of incorporation) 0-26906 22-3388607 - ------------------------ --------------------------------- (Commission File Number) (IRS Employer Identification No.) 210 Sylvan Avenue, Englewood Cliffs, New Jersey 07632 - -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: 201-567-5648 Item 5. Other Events and Regulation FD Disclosure. On May 30, 2003, Stern Family Investors LLC and GMS Family Investors LLC (the "LLCs"), two newly formed Delaware limited liability companies, acquired 1,277,000 shares (31%) of the common stock of the Company from Arthur Stern, Chairman of the Board of Directors of Asta Funding, Inc. (the "Company") (200,000 shares), Gary Stern, President and Chief Executive Officer of the Company and the son of Arthur Stern (700,000 shares) and other members of the Stern family or trusts for the benefit of their issue. Judith R. Feder, a niece of Arthur Stern and a cousin of Gary Stern, is the manager of each LLC and as such has sole voting and investment power as to such shares. Each transfer was made in exchange for an equitable interest in the applicable LLC. SIGNATURE Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. ASTA FUNDING, INC. Date: June 2, 2003 By: /s/ Mitchell Herman -------------- ------------------------------- Mitchell Herman Chief Financial Officer -----END PRIVACY-ENHANCED MESSAGE-----