Filing Details
- Accession Number:
- 0000932440-17-000070
- Form Type:
- 4/A
- Zero Holdings:
- No
- Publication Time:
- 2017-09-28 17:34:38
- Reporting Period:
- 2017-09-26
- Accepted Time:
- 2017-09-28 17:34:38
- Original Submission Date:
- 2017-09-26
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1494448 | Emergent Capital Inc. | EMGC | () | 4/A |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1370182 | E Joseph Sarachek | C/O Kelley Drye &Amp; Warren Llp 101 Park Avenue New York NY 10178 | Yes | No | Yes | No | |
1712312 | Jsarco, Llc | C/O Kelley Drye &Amp; Warren Llp 101 Park Avenue New York NY 10178 | Yes | No | Yes | No | |
1713429 | Topco 1, Llc | C/O Kelley Drye &Amp; Warren Llp 101 Park Avenue New York NY 10178 | Yes | No | Yes | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock, Par Value $0.01 Per Share | Acquisiton | 2017-09-26 | 0 | $0.45 | 7,320,038 | No | 4 | P | Indirect | By JSARCo, LLC |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Indirect | By JSARCo, LLC |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Common Stock, Par Value $0.01 Per Share | Warrants (right to buy) | $0.20 | 2023-07-28 | 13,575,000 | 13,575,000 | Indirect |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2023-07-28 | 13,575,000 | 13,575,000 | Indirect |
Footnotes
- Mr. Sarachek is the principal and manager of TopCo 1, LLC, which is the manager of JSARCo, LLC.
- Of such warrants, 8,750,000 vested on July 28, 2017 and 4,825,000 will vest in connection with the conversion of the issuer's senior unsecured convertible notes outstanding as of July 28, 2017 (the "Outstanding Convertible Notes") into shares of the issuer's common stock on a 1 to 1 basis, or earlier upon the earliest date on which (x) at least 50% of the aggregate principal amount of the Outstanding Convertible Notes are converted into shares of the issuer's common stock, or (y) all of the Outstanding Convertible Notes are no longer outstanding.
- This amendment is being filed to correct the acquisition previously reported.