SEC Form 4 · accession 0000932440-19-000020
EMERGENT CAPITAL, INC. · EMGC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jack Simony
Officer — VP and CIO
Period of report
Oct 30, 2018
Accepted (ET)
Feb 28, 2019 · 4:39 pm EST
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 StockF1 | Oct 30, 2018 | M | 500,000 | — | A | 500,000 | D | |
| Common Stock | Oct 30, 2018 | F | 196,353 | $0.195 | D | 303,647 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Oct 30, 2018 | M | 500,000 | D | — | — | Common Stock | 500,000 | 500,000 | D |
Explanation of responses
- F1Each Restricted Stock Unit represents a contingent right to receive one share of Emergent Capital, Inc.'s common stock.
- F2The Restricted Stock Units vest on October 29, 2018 as to 500,000 shares, and on October 29, 2019 as to 500,000 shares.