SEC Form 4 · accession 0000898382-16-000059
EMPIRE RESOURCES INC /NEW/ · ERS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Leon G Cooperman
10% Owner
Period of report
Jun 1, 2016
Accepted (ET)
Jun 6, 2016 · 11:53 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001019272
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF4 | holding | — | — | — | 0 | I | Leon & Toby Cooperman Family Foundation |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| The 10% Convertible Senior Subordinated Note due June 1, 201F1,F2,F3 | — | Jun 1, 2016 | D | 4,000,000 | D | — | Jun 1, 2016 | Common Stock | 1,063,830 | 0 | D |
| The 10% Convertible Senior Subordinated Note due June 1, 201F4,F1 | — | holding | — | — | — | — | Jun 1, 2016 | Common Stock | 0 | 0 | I |
Explanation of responses
- F1The Note was convertible at a conversion price of 265.907 shares of common stock per $1,000 principal of Note.
- F2$4,000,000 Principal
- F3Not applicable. The Note was due 6/01/2016 and was repaid by Issuer.
- F4SHARES HELD THE LEON & TOBY COOPERMAN FAMILY FOUNDATION ACCOUNT ARE NOT INCLUDED ON THIS FORM BECAUSE IT HAS BEEN DETERMINED THAT THE REPORTING PERSON DOES NOT HAVE A PECUNIARY INTEREST IN SUCH SHARES.