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Ownership Document
|
| Schema Version: X0306 |
| Document Type: 4 |
| Period of Report: 5/4/17 |
| Not Subject to Section 16: 0 |
| Issuer: |
| Issuer CIK: 1019272 |
| Issuer Name: EMPIRE RESOURCES INC /NEW/ |
| Issuer Trading Symbol: ERS |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1241568 |
| | Owner Name: WRUBEL HARVEY |
| Reporting Owner Address: |
| | Owner Street 1: 2115 LINWOOD AVENUE |
| | Owner Street 2: |
| | Owner City: FORT LEE |
| | Owner State: NJ |
| | Owner ZIP Code: 07024 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? Yes |
| | Is Officer? No |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: |
| | Other Text: |
| Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 5/4/17 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: G |
| | | Equity Swap Involved? No |
| | | Footnote ID: F1 |
| | Transaction Timeliness: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 17,604 |
| | | Transaction Price Per Share: |
| Value: 7.00 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 0 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Table: |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Options to Purchase Common Stock |
| | Conversion or Exercise Price: |
| | | Value: 1.625 |
| | Transaction Date: |
| | | Value: 5/4/17 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: J |
| | | Equity Swap Involved? No |
| | | Footnote ID: F2 |
| | Transaction Timeliness: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 50,000 |
| | | Transaction Price Per Share: |
| Value: 5.375 |
| Footnote ID: F2 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Exercise Date: |
| | | Value: 9/17/09 |
| | Expiration Date: |
| | | Value: 9/17/19 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 50,000 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 0 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Footnotes: |
| Footnote - F1: The reporting person has gifted all of his shares. |
| Footnote - F2: In connection with the Agreement and Plan of Merger, dated as of March 30, 2017, as amended on April 6, 2017 (as so amended, the "Merger Agreement"), by and among Empire Resources, Parent and Ta Chen Investment Corporation ("Sub"), Sub intends to merge with and into the Company (the "Merger"), with the Company surviving the Merger as a wholly-owned subsidiary of Parent. In connection with the Merger, the reporting person cancelled all of his options in exchange for receiving the difference between his exercise price ($1.625 per share) and the merger consideration ($7.00 per share). |
| Owner Signature: |
| Signature Name: /s/ Sandra Kahn Attorney in Fact for Harvey Wrubel |
| Signature Date: 5/8/17 |
