SEC Form 4 · accession 0001209191-17-049576
EMERGENT CAPITAL, INC. · EMGC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Hua
Director
Period of report
Aug 17, 2017
Accepted (ET)
Aug 18, 2017 · 1:07 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 StockF1,F2 | Aug 17, 2017 | P | 135,000 | $0.36 | A | 510,000 | I | By: Opal Capital Partners, LP |
| Common StockF3 | holding | — | — | — | 10,000,000 | I | By: Opal Sheppard Opportunities Fund I LP |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.335 to $0.37, inclusive. The Reporting Person undertakes to provide to Emergent Capital, Inc. (the "Issuer"), any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote to this Form 4.
- F2The Reporting Person may be deemed to be a control person of this entity and disclaims beneficial ownership of all shares held by Opal Capital Partners, LP, except to the extent of any indirect pecuniary interest therein.
- F3The Reporting Person may be deemed to be a control person of this entity and disclaims beneficial ownership of all shares held by Opal Sheppard Opportunities Fund I LP, except to the extent of any indirect pecuniary interest therein.