SEC Form 4/A · accession 0000932440-17-000068

EMERGENT CAPITAL, INC. · EMGC

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

This is an amendment (Form 4/A). It replaces an earlier filing for the same period.

Reporting owners

Patrick J Curry

Officer — Interim CEO · Director · 10% Owner

PJC INVESTMENTS, LLC

Director · 10% Owner

Period of report

Sep 26, 2017

Accepted (ET)

Sep 27, 2017 · 4:57 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001494448

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock, par value $0.01 per share^F3,F1	Sep 26, 2017	P	74,716	$0.45	A	14,374,716	I	By PJC Investments, LLC

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Warrants (right to buy)^F1,F2	$0.20	holding	—	—	—	—	Jul 28, 2023	Common Stock,par value $0.01 per share	13,575,000	13,575,000	I

Explanation of responses

F1Mr. Curry is the principal and manager of PJC Investments, LLC.
F2Of 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.
F3This amendment is filed to correct the amount of securities acquired.

Remarks

Because Patrick J. Curry, a director of the issuer, controls PJC Investments, LLC, PJC Investments, LLC may be deemed to be a director by deputization.