4k down sampled to 1080 software?

What graphics card do you have? Surely that would be doing most of the work?
 
Does it shoot 4k the TV variant (3840x2160) or the motion picture variant (4096x2160).

If the former, it's an easy filter to apply, the PC grunt will be taking re-encoding it at HD.

If the latter, you need to either crop every frame or add letterbox bars.

Something like handbrake will do it easily.
 
getting handbrake to do something like

ffmpeg -i <input_file> -vf scale=1920:1080:0 -sws_flags lanczos -vcodec dnxhd -b 185M -acodec pcm_s24le -ac 2 -ar 48k <output_file>
or
ffmpeg -i <input_file> -vf scale=1920:1080:0 -sws_flags lanczos -vcodec prores -profile:v 3 -acodec pcm_s24le -ac 2 -ar 48k <output_file>


Should work well with Premiere
 
I'd go with ffmpeg, we use this all the time to convert 4k material to hd. I'd upgrade to more ram if possible, but your current setup should be fine, just don't expect it to do realtime conversation, you'll get anything but !
 
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