Jason Reese - Jan 3, 2022 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
Jan 3, 2022
Transactions value $
$0
Form type
4
Date filed
1/5/2022, 03:31 PM
Previous filing
Sep 28, 2021
Next filing
May 6, 2022

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 +31.6K +10.93% $0.00 320K Jan 3, 2022 Direct F1
transaction GEG Common Stock Award $0 +85K +26.54% $0.00 405K Jan 3, 2022 Direct F2
holding GEG Common Stock 2.66M Jan 3, 2022 See Footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 3, 2022, Jason Reese was awarded 31,553 shares of restricted stock, which vest monthly in twelve equal installments on month end.
F2 On January 3, 2022, Jason Reese was awarded 84,951 shares of restricted stock, which vest in four even installments at the end of each calendar quarter in 2022.
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.