5/A 1 waltmanform52.txt FORM 5/A U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ANNUAL STATEMENT OF CHANGES OF BENEFICIAL OWNERSHIP [] Check box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b) [x]Form 3 Holdings Reported []Form 4 Transactions Reported Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
----------------------------------------------|-------------------------------------------|------------------------------------- 1. Name and Address of Reporting Person* |2. Issuer Name and Ticker or Trading Symbol|6. Relationship of Reporting Person | | to Issuer | | (Check all applicable) Waltman Howard | Emergent Group Inc. | X Director __10% Owner ----------------------------------------------| | __Officer __ Other (Last) (First) (Middle) |-------------------------------------------| (give title (specify |3.IRS Identification |4. Statement for | below) below) 870 United Nations Plaza - Apt. 10F | Number or Reporting | Month/Year | | Person, if an Entity| August 2001 | ----------------------------------------------| (Voluntary) | (Fiscal Year End)| (Street) | | | | |---------------------------------------------------------- New York NY 10017 | |5. If Amendment, |7. Individual or Joint/Group Filing ----------------------------------------------| | Date of Original | (Check applicable line) (City) (State) (Zip) | | (Month/Year) | | | | X Form filed by one Reporting Person | | 3/25/03 | _ Form filed by more than one | | | Reporting Person ----------------------------------------------|--------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------------------------ Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned ------------------------------------------------------------------------------------------------------------------------------------ 1. Title of Security 2. Transaction 3.Transaction 4. Securities Acquired 5.Amount of 6. Ownership 7. Nature of (Instr. 4) Date Code (A) or Disposed of Securities Form Direct Indirect (Instr. 8) (D)(Instr. 3,4 and 5) Beneficially (D) or Beneficial (Month/Day/ Owned at End Indirect (I) Ownership Year) Code V Amount (A) or Price of Issuer's (D) Fiscal Year (Instr.3&4) ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 453,355 (1) I Family LLC ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ *If the Form is filed by more than one Reporting Person, see Instruction 4(b)(v). Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Print or Type Response) (Over)
FORM 5 (continued) Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) ----------|---------|--------|----------|----------------|--------------|--------------|----------|---------|-----------|----------- 1. | 2. | 3. |4. Trans- |5. Number of |6. Date Exer- |7. Title and |8. Price |9. Number|10.Owner |11. Title of | Conver- | Trans- | action | Derivative | cisable and| Amount of | of | of | Form of |Nature Derivative| sion or | action | Code | Securities | Expiration | Underlying | Deriva-| Deriv- | Derivative|of Security | Exer- | Date | (Instr.| Acquired (A) | Date | Securities | tive | ative | Securities|Indirect (Instr. 4)| cise | (Month/| 8) | or Disposed | (Month/Day/| | Secur- | Benefic | Direct |Bene- | Price of| Day/ | | of (D) (Instr| Year) | (Instr. 3 | ity | ially | (D) or |ficial | Deriv- | Year) | | 3, 4, and 5) | | and 4) | (Instr.| Owned | Indirect |Owner- | ative | | | | | | 5) | At End | (1) |ship | Secur- | | | |-------|------|------|-------| | of year | |(Instr.4) | ity | | | | | | | | |(Instr.4)| | | | |-----|----|-------|--------| Date |Expira| | Amount| | | | | | | Co | V | (A) | (D) | Exer- |tion | Title| or | | | | | | | | | | | cisa |Date | | Number| | | | | | | | | | | ble | | | of | | | | | | | | | | | | | | Shares| | | | | | | | | | | | | | | | | | ----------| --------| -------| ----|----|-------|--------|-------|------|------|-------|----------|---------|-----------|----------- ----------| --------| -------| ----|----|-------|--------|-------|------|------|-------|----------|---------|-----------|----------- ----------| --------| -------| ----|----|-------|--------|-------|------|------|-------|----------|---------|-----------|----------- ----------| --------| -------| ----|----|-------|--------|-------|------|------|-------|----------|---------|-----------|----------- ----------| --------| -------| ----|----|-------|--------|-------|------|------|-------|----------|---------|-----------|----------- ----------| --------| -------| ----|----|-------|--------|-------|------|------|-------|----------|---------|-----------|----------- ----------| --------| -------| ----|----|-------|--------|-------|------|------|-------|----------|---------|-----------|----------- ----------| --------| -------| ----|----|-------|--------|-------|------|------|-------|----------|---------|-----------|----------- ----------| --------| -------| ----|----|-------|--------|-------|------|------|-------|----------|---------|-----------|----------- Explanation of Responses: (1) Represents number of shares of common stock beneficially owned by Mr. Waltman's Family LLC at the time he became a director of the issuer in August 2001, which should have been reported on a Form 3. ** International misstatements or omissions of facts constitute Federal Criminal Violations. /s/ Howard Waltman 4/30/03 See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Howard Waltman Date **Signature of Reporting Person Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient. See Instruction 6 for procedure.