SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Houk Matthew D

(Last) (First) (Middle)
C/O EMERGENT CAPITAL, INC.
5355 TOWN CENTER ROAD, SUITE 701

(Street)
BOCA RATON FL 33486

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
12/11/2018
3. Issuer Name and Ticker or Trading Symbol
EMERGENT CAPITAL, INC. [ EMGC ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, par value $0.01 per share 37,916 D
Common Stock, par value $0.01 per share 32,137 I By spouse(1)
Common Stock, par value $0.01 per share 207,119 I By parents(1)
Common Stock, par value $0.01 per share 7,978 I By brother(1)
Common Stock, par value $0.01 per share 7,292 I By father-in-law and mother-in-law(1)
Common Stock, par value $0.01 per share 2,500,000 I See footnote(2)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Warrants (right to buy) (3) 07/28/2023 Common Stock, par value $0.01 per share 600,000 0.2 I See footnote(2)
Explanation of Responses:
1. The Reporting Person shares voting and dispositive control with the holder of such securities.
2. Securities are held by Mimesis Capital Partners LLC. The Reporting Preson has shared voting and dispositive control over the securities.
3. Warrants 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.
Remarks:
/s/ Matthew D. Houk 12/12/2018
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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