Jason Reese - Jun 30, 2021 Form 4 Insider Report for Great Elm Group, Inc. (GEG)

Role
Director, 10%+ Owner
Signature
Jason Reese By: /s/ Jason Reese
Stock symbol
GEG
Transactions as of
Jun 30, 2021
Transactions value $
$0
Form type
4
Date filed
7/2/2021, 05:57 PM
Previous filing
May 20, 2021
Next filing
Sep 28, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GEG Common stock, par value $0.01 per share ("Common Stock") Award $0 +19.4K +15.24% $0.00 147K Jun 30, 2021 Direct F1
transaction GEG Common Stock Award $0 +36.9K +25.11% $0.00 184K Jul 1, 2021 Direct F2
holding GEG Common Stock 2.66M Jun 30, 2021 See Footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 30, 2021, Jason Reese was awarded 19,444 restricted stock units, 100% of which vested on the date of grant.
F2 On July 1, 2021, Jason Reese was awarded 36,920 restricted stock units, 50% of which will vest on September 30, 2021, and the remainder of the units will vest on December 31, 2021.
F3 This Common Stock is held directly by Long Ball Partners, LLC ("Long Ball"). Mr. Reese is Portfolio manager to Long Ball and is Chairman and Chief Executive Officer of Imperial Capital Asset Management, LLC ("ICAM"), which is the managing member of and investment manager to Long Ball. Each of Mr. Reese and ICAM disclaims beneficial ownership of the securities held by Long Ball except to the extent of that person's pecuniary interest therein. Each of Long Ball and ICAM disclaims beneficial ownership of the securities held directly by Mr. Reese.

Remarks:

Mr. Reese is a director and Executive Chairman of the Issuer.