Sec Form 3 Filing - Epstein Matthew Todd @ EMERGENT CAPITAL, INC. - 2017-07-28

FORM 3 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person Epstein Matthew Todd 2. Issuer Name and Ticker or Trading Symbol EMERGENT CAPITAL, INC. [ EMGC] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) C/O EMERGENT CAPITAL INC., 5355 TOWN CENTER ROAD, SUITE 701 3. Date of Earliest Transaction (MM/DD/YY) 07/28/2017 (Street) BOCA RATON, FL33486 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 11,185,000 I By: Evermore Global Advisors, LLC on behalf of client ( 1 )

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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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 (MM/DD/YY) 7. Title and Amount of Underlying Securities (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 of Derivative Security: 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 Warrants (right to buy) to purchase Common Stock $ 0.2 ( 3 ) ( 2 ) 07/28/2025 Common Stock 2,907,821 I By: Evermore Global Advisors, LLC, on behalf of client ( 1 )

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Epstein Matthew Todd C/O EMERGENT CAPITAL INC. 5355 TOWN CENTER ROAD, SUITE 701 BOCA RATON, FL33486 X Signatures Matthew Todd Epstein 08/04/2017 Signature of Reporting Person Date

Explanation of Responses:

( 1 )The securities are held by Evermore Global Advisors, LLC on behalf of its client, Sirius International Insurance Corporation (Publ). Evermore Global Advisors, LLC disclaims beneficial interest in such securities except to the extent of any pecuniary interest therein. The reporting person may be deemed to be a control person of Evermore Global Advisors, LLC and disclaims beneficial ownership of all shares held by Evermore Global Advisors, LLC, except to the extent of any indirect pecuniary interest therein. ( 2 )The warrants will vest at later times tied to the conversion of the issuer's outstanding 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; provided that 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, then all remaining shares of the issuer's common stock under the warrants shall vest and become immediately exercisable. ( 3 )Subject to adjustment in accordance with Article 3 of the warrants.

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).

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