Emergent Capital (EMGC) Form 4 EMERGENT CAPITAL / Antony Mitchell ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Mitchell Antony

(Last) (First) (Middle)

6615 W. BOYNTON BEACH BLVD., #394

(Street)

BOYNTON BEACH FL 33437

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
EMERGENT CAPITAL, INC. [ EMGC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
Former CEO and Director

3. Date of Earliest Transaction (Month/Day/Year)
10/31/2017

4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	10/31/2017		S		5,000,000	D	$0.2	0	I	By Tin-Rez Corp.(1)
Common Stock								814,334	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Warrant (right to buy)	$12.9							(2)	02/08/2018	Common Stock	450,371		450,371	D
Warrant (right to buy)	$14.5125							(2)	02/08/2018	Common Stock	450,370		450,370	D
Warrant (right to buy)	$16.125							(2)	02/08/2018	Common Stock	450,370		450,370	D
Warrant (right to buy)	$12.9							(2)	02/15/2018	Common Stock	20,799		20,799	D
Warrant (right to buy)	$14.5125							(2)	02/15/2018	Common Stock	20,799		20,799	D
Warrant (right to buy)	$16.125							(2)	02/15/2018	Common Stock	20,798		20,798	D
Stock Option (right to buy)	$10.75							(3)	02/07/2018	Common Stock	120,000		120,000	D
Stock Option (right to buy)	$6.94							(4)	06/06/2020	Common Stock	120,000		120,000	D

Explanation of Responses:

1. The reporting person may be deemed to be a beneficial owner of these shares and disclaims beneficial ownership of these shares except to the extent of any indirect pecuniary interest therein.

2. The warrants vest pro rata over a four year period.

3. The options vest pro rata over a three-year period beginning on the first anniversary of the date of grant.

4. The option is vested as to one third of the shares on the date of grant. The remaining shares vest in two equal installments on June 6, 2014 and June 6, 2015.

Remarks:

	/s/ Antony Mitchell	10/31/2017
	** 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 4 (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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.