4//SEC Filing
KNAPP ROBERT C 4
Accession 0000899681-17-000286
CIK 0001494448other
Filed
Sep 14, 8:00 PM ET
Accepted
Sep 15, 3:15 PM ET
Size
7.4 KB
Accession
0000899681-17-000286
Insider Transaction Report
Form 4
KNAPP ROBERT C
Director
Transactions
- Purchase
5.00% Senior Unsecured Convetible Notes due 2023
2017-09-05$700000.00/sh+1,000,000$700,000,000,000(indirect: See footnote)Exercise: $2.00From: 2017-07-28Exp: 2023-02-13→ Common Stock (500,000 underlying)
Footnotes (4)
- [F1]$2.00 (500 shares of common stock per $1,000 principal amount of 5% Convertible Notes (as defined below), subject to adjustment in accordance with Article 4 of the indenture governing the 5.00% Senior Unsecured Convertible Notes due 2023 (the "5% Convertible Notes")).
- [F2]500 shares of common stock per $1,000 principal amount of 5% Convertible Notes, subject to adjustment in accordance with Article 4 of the indenture governing the 5% Convertible Notes.
- [F3]The 5% Convertible Notes are held by a private fund. The Reporting Person is the sole manager of the general partner of the private fund, the sole owner and sole managing member of the sole member of the general partner and the sole owner of the managing member of the investment adviser of the private fund. The Reporting Person disclaims beneficial ownership of the reported securities, except to the extent of his pecuniary interest therein. The 5% Convertible Notes are subject to a conversion limitation imposed by Florida State law that voids any conversion of such 5% Convertible Notes into shares of common stock to the extent that the holder would, after such exercise, directly or indirectly own 10% or more of the shares of common stock unless such holder has first applied for and obtained regulatory approval from the Florida Office of Insurance Regulation.
- [F4]This amount reflects the principal amount of 5% Convertible Notes, rather than the number of shares of Common Stock underlying such 5% Convertible Notes.
Documents
Issuer
EMERGENT CAPITAL, INC.
CIK 0001494448
Entity typeother
Related Parties
1- filerCIK 0001223003
Filing Metadata
- Form type
- 4
- Filed
- Sep 14, 8:00 PM ET
- Accepted
- Sep 15, 3:15 PM ET
- Size
- 7.4 KB