PJC INVESTMENTS, LLC 4
4 · EMERGENT CAPITAL, INC. · Filed Jan 29, 2021
Insider Transaction Report
Form 4
CURRY PATRICK J
Director10% Owner
Transactions
- Tax Payment
Common Stock, par value $0.01 per share
2021-01-27$0.25/sh−98,833$24,708→ 901,167 total
Holdings
- 552,431(indirect: By Spouse)
Common Stock, par value $0.01 per share
- 14,442,716(indirect: By LLC)
Common Stock, par value $0.01 per share
- 13,575,000(indirect: By LLC)
Warrants (right to buy)
Exercise: $0.20Exp: 2023-07-28→ Common Stock, par value $0.01 per share (13,575,000 underlying)
Footnotes (3)
- [F1]Mr. Curry is the principal and manager of PJC Investments, LLC.
- [F2]Of 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 long outstanding.
- [F3]Consists of shares surrendered for payment of tax obligation upon vesting of 333,333 shares of restricted stock.