U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
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1. Name and Address of Reporting Person*
Badillo Herman
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(Last) (First) (Middle)
c/o Asta Funding, Inc., 210 Sylvan Avenue
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(Street)
Englewood Cliffs NJ 07632
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
Asta Funding, Inc. (NasdaqNM: ASFI)
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3. IRS Identification Number of Reporting Person, if an entity (voluntary)
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4. Statement for Month/Year
September 12 and 13, 2002
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5. If Amendment, Date of Original (Month/Year)
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6. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
[X] Director [ ] 10% Owner
[ ] Officer (give title below) [ ] Other (specify below)
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7. Individual or Joint/Group Filing (Check Applicable Line)
[X] Form filed by One Reporting Person
[ ] Form filed by More than One Reporting Person
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Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
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4. 5. 6. Owner-
Securities Acquired (A) or Amount of ship
2. 3. Disposed of (D) Securities Form: 7.
Transaction Transaction (Instr. 3, 4 and 5) Beneficially Direct Nature of
Date Code ----------------------------- Owned at End (D) or Indirect
1. (Month/ (Instr. 8) (A) of Month Indirect Beneficial
Title of Security Day/ ------------ Amount or Price (Instr. 3 (I) Ownership
(Instr. 3) Year) Code V (D) and 4) (Instr.4) (Instr. 4)
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Common Stock, par value 9/12/02 S 1,500 D $9.85 2,000 D
$.01 per share
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Common Stock, par value 9/13/02 S 300 D $9.49
$.01 per share
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Common Stock, par value 9/13/02 S 1,700 D $9.30 0 --
$.01 per share
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*If the form is filed by more than one reporting person, see Instruction 4(b)(v)
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
(Print or Type Responses) (Over)
FORM 4 (continued)
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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10.
9. Owner-
Number ship
of Form
2. Deriv- of
Conver- 5. 7. ative Deriv- 11.
sion Number of Title and Amount Secur- ative Nature
or Derivative 6. of Underlying 8. ities Secur- of
Exer- 4. Securities Date Securities Price Bene- ities In-
cise 3. Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of ficially Bene- direct
Price Trans- action or Disposed Expiration Date ---------------- Deriv- Owned ficially Bene-
1. of action Code of(D) (Month/Day/Year) Amount ative at End Owned ficial
Title of Deriv- Date (Instr. (Instr. 3, ---------------- or Secur- of at End Owner-
Derivative ative (Month/ 8) 4 and 5) Date Expira- Number ity Month of Month ship
Security Secur- Day/ ------- ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr.
(Instr. 3) ity Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4)
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Explanation of Responses:
By: /s/Herman Badillo September 18, 2002
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**Signature of Reporting Person Date
** Intentional misstatements or omissions of facts constitute Federal
Criminal Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space is insufficient, see Instruction 6 for procedure.
Page 2
Potential persons who are to respond to the collection
of information contained in this form are not required
to respond unless the form displays a currently valid
OMB Number.