Jason Reese - Jun 14, 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
Jun 14, 2022
Transactions value $
$246,598
Form type
4
Date filed
6/16/2022, 07:34 PM
Previous filing
Jun 13, 2022
Next filing
Jul 20, 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") Purchase $182K +75K +1.65% $2.42 4.63M Jun 14, 2022 See Footnotes F1, F4
transaction GEG Common Stock Purchase $11.5K +4.77K +0.1% $2.41 4.63M Jun 15, 2022 See Footnotes F2, F3, F4
transaction GEG Common Stock Purchase $53.6K +21.6K +0.47% $2.48 4.65M Jun 16, 2022 See Footnotes F4, F5, F6
holding GEG Common Stock 405K Jun 14, 2022 Direct F4, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of 3,258,563 shares held directly Long Ball Partners, LLC ("Long Ball") and 1,369,984 shares held directly by Imperial Capital Asset Management, LLC ("ICAM"). Mr. Reese is portfolio manager to Long Ball and is Chairman and Chief Executive Officer of ICAM, which is the managing member of and investment manager to Long Ball.
F2 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.37 to $2.48, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission ("SEC"), upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F3 Consists of 3,263,335 shares held directly by Long Ball and 1,369,984 shares held directly by ICAM.
F4 Each of Mr. Reese, ICAM and Long Ball disclaims beneficial ownership of the securities reported herein, except to the extent of that person's pecuniary interest.
F5 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.40 to $2.50, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the SEC, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F6 Consists of 3,284,947 shares held directly by Long Ball and 1,369,984 shares held directly by ICAM.
F7 Consists of shares held directly by Mr. Reese.

Remarks:

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