Filing Details

Accession Number:
0000898382-14-000013
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-09-18 10:34:46
Reporting Period:
2014-08-15
Filing Date:
2014-09-18
Accepted Time:
2014-09-18 10:34:46
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1019272 Empire Resources Inc W ERS Wholesale-Metals Service Centers & Offices (5051) 223136782
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
898382 G Leon Cooperman 810 Seventh Avenue, 33Rd Floor
New York NY 10019
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2014-08-18 253,666 $0.00 253,666 No 4 C Indirect Foundation
Common Stock Disposition 2014-08-15 15,010 $5.93 238,656 No 4 S Indirect Foundation
Common Stock Disposition 2014-08-18 8,033 $5.97 230,623 No 4 S Indirect Foundation
Common Stock Disposition 2014-08-19 20,037 $5.96 210,586 No 4 S Indirect Foundation
Common Stock Disposition 2014-08-20 4,586 $5.76 206,000 No 4 S Indirect Foundation
Common Stock Disposition 2014-08-22 27,736 $5.67 178,264 No 4 S Indirect Foundation
Common Stock Disposition 2014-08-25 49,336 $5.71 128,928 No 4 S Indirect Foundation
Common Stock Disposition 2014-08-26 3,835 $5.70 125,093 No 4 S Indirect Foundation
Common Stock Disposition 2014-08-27 493 $5.70 124,600 No 4 S Indirect Foundation
Common Stock Disposition 2014-08-28 3,899 $5.70 120,701 No 4 S Indirect Foundation
Common Stock Disposition 2014-08-29 750 $5.70 119,951 No 4 S Indirect Foundation
Common Stock Acquisiton 2014-09-02 701 $5.70 119,250 No 4 S Indirect Foundation
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Indirect Foundation
No 4 S Indirect Foundation
No 4 S Indirect Foundation
No 4 S Indirect Foundation
No 4 S Indirect Foundation
No 4 S Indirect Foundation
No 4 S Indirect Foundation
No 4 S Indirect Foundation
No 4 S Indirect Foundation
No 4 S Indirect Foundation
No 4 S Indirect Foundation
No 4 S Indirect Foundation
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock 10% Convertible Senior Subordinated Notes Due June 1, 20 $0.00 2016-06-01 253,666 760,998 Indirect
Common Stock 10% Convertible Senior Subordinated Notes due June 1, 2016 $0.00 2016-06-01 1,014,664 1,014,664 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2016-06-01 253,666 760,998 Indirect
2016-06-01 1,014,664 1,014,664 Direct
Footnotes
  1. Acquired through the conversion of $1,000,000 principal of the Issuer's 10% Convertible Senior Subordinated Note Due June 1, 2016.
  2. The securities are held in the account of the Leon & Toby Cooperman Foundation over which the reporting person has investment discretion..The reporting person disclaims beneficial ownership of these securities, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.
  3. Represents weighted average sale price. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the SEC, the Issuer, or a security holder of the Issuer.
  4. The 10% Convertible Senior Subordinated Notes Due June 1, 2016 are currently convertible at a conversion price of 253.66 shares of common stock per $1,000 principal amount of notes.$1,000,000 principal amount was converted, leaving a balance of $3,000,000 owned. The conversion price is subject to adjustment for cash and stock dividends, stock splits, and similar transactions
  5. At any time through June 1, 2016
  6. $4,000,000 Principal Amount
  7. The 10% Convertible Senior Subordinated Notes Due June 1, 2016 are currently convertible at a conversion price of 253.66 shares of common stock per $1,000 principal amount of notes.The conversion price is subject to adjustment for cash and stock dividends, stock splits, and similar transactions