0000932440-17-000056.txt : 20170807
0000932440-17-000056.hdr.sgml : 20170807
20170807171151
ACCESSION NUMBER: 0000932440-17-000056
CONFORMED SUBMISSION TYPE: 3
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170728
FILED AS OF DATE: 20170807
DATE AS OF CHANGE: 20170807
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Sarachek Joseph E
CENTRAL INDEX KEY: 0001370182
FILING VALUES:
FORM TYPE: 3
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35064
FILM NUMBER: 171012548
MAIL ADDRESS:
STREET 1: C/O TRIAX CAPITAL ADVISORS, LLC
STREET 2: 620 FIFTH AVENUE, 2ND FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10020
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: JSARCO, LLC
CENTRAL INDEX KEY: 0001712312
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 3
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35064
FILM NUMBER: 171012547
BUSINESS ADDRESS:
STREET 1: C/O KELLEY DRYE & WARREN LLP
STREET 2: 101 PARK AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10178
BUSINESS PHONE: 212-365-8792
MAIL ADDRESS:
STREET 1: C/O KELLEY DRYE & WARREN LLP
STREET 2: 101 PARK AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10178
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: TOPCO 1, LLC
CENTRAL INDEX KEY: 0001713429
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 3
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35064
FILM NUMBER: 171012546
BUSINESS ADDRESS:
STREET 1: C/O KELLEY DRYE & WARREN LLP
STREET 2: 101 PARK AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10178
BUSINESS PHONE: 212-365-8792
MAIL ADDRESS:
STREET 1: C/O KELLEY DRYE & WARREN LLP
STREET 2: 101 PARK AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10178
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: EMERGENT CAPITAL, INC.
CENTRAL INDEX KEY: 0001494448
STANDARD INDUSTRIAL CLASSIFICATION: LIFE INSURANCE [6311]
IRS NUMBER: 300663473
STATE OF INCORPORATION: FL
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 5355 TOWN CENTER ROAD
STREET 2: SUITE 701
CITY: BOCA RATON
STATE: FL
ZIP: 33486
BUSINESS PHONE: 561-995-4200
MAIL ADDRESS:
STREET 1: 5355 TOWN CENTER ROAD
STREET 2: SUITE 701
CITY: BOCA RATON
STATE: FL
ZIP: 33486
FORMER COMPANY:
FORMER CONFORMED NAME: IMPERIAL HOLDINGS, INC.
DATE OF NAME CHANGE: 20141023
FORMER COMPANY:
FORMER CONFORMED NAME: Imperial Holdings, Inc.
DATE OF NAME CHANGE: 20110211
FORMER COMPANY:
FORMER CONFORMED NAME: Imperial Holdings, LLC
DATE OF NAME CHANGE: 20100617
3
1
edgar.xml
PRIMARY DOCUMENT
X0206
3
2017-07-28
0
0001494448
EMERGENT CAPITAL, INC.
EMGC
0001370182
Sarachek Joseph E
C/O KELLEY DRYE & WARREN LLP
101 PARK AVENUE
NEW YORK
NY
10178
1
0
1
0
0001712312
JSARCO, LLC
C/O KELLEY DRYE & WARREN LLP
101 PARK AVENUE
NEW YORK
NY
10178
1
0
1
0
0001713429
TOPCO 1, LLC
C/O KELLEY DRYE & WARREN LLP
101 PARK AVENUE
NEW YORK
NY
10178
1
0
1
0
Common Stock, par value $0.01 per share
7320038
I
By JSARCo, LLC
Warrants (right to buy)
.20
2023-07-28
Common Stock, par value $0.01 per share
13575000
I
By JSARCo, LLC
Mr. Sarachek is the principal and manager of TopCo 1, LLC, which is the manager of JSARCo, LLC.
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 longer outstanding.
Because Joseph E. Sarachek, a director of the issuer, has voting and investment power over securities beneficially owned by TopCo 1, LLC and JSARCo, LLC, TopCo 1, LLC and JSARCo, LLC, may be deemed to be directors by deputization.
Joseph E. Sarachek, individually, as manager of TopCo 1, LLC and for TopCo 1, LLC as manager of JSARCo, LLC
2017-08-07