| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | GEG | Common Stock | Purchase | $52.9K | +26.2K | +0.8% | $2.02 | 3.32M | Aug 15, 2022 | See Footnote | F1, F2, F5, F6, F7 |
| transaction | GEG | Common Stock | Purchase | $32.1K | +15.9K | +0.48% | $2.02 | 3.33M | Aug 16, 2022 | See Footnote | F2, F3, F5, F6, F7 |
| transaction | GEG | Common Stock | Purchase | $4.16K | +2.03K | +0.06% | $2.05 | 3.33M | Aug 17, 2022 | See Footnote | F2, F4, F5, F6, F7 |
| Id | Content |
|---|---|
| F1 | Represents 8,496 shares of common stock of Great Elm Group, Inc. ("GEG") purchased by Northern Right Capital (QP), L.P. ("Northern Right QP"), 2,813 shares of common stock of GEG purchased by NRC Partners I, LP ("NRC Partners I") and 14,841 shares of common stock of GEG purchased by managed accounts (the "Managed Accounts") on behalf of investment advisory clients of Northern Right Capital Management, L.P. ("Northern Right Management"). Northern Right Management acts as the investment manager for the Managed Accounts. |
| F2 | Represents shares of common stock acquired in a transaction pursuant to the Rule 10b5-1 trading plan entered into by the Reporting Persons on June 16, 2022. |
| F3 | Represents 5,151 shares of common stock of GEG purchased by Northern Right QP, 1,710 shares of common stock of GEG purchased by NRC Partners I and 9,016 shares of common stock of GEG purchased by the Managed Accounts on behalf of investment advisory clients of Northern Right Management. Northern Right Management acts as the investment manager for the Managed Accounts. |
| F4 | Represents 660 shares of common stock of GEG purchased by Northern Right QP, 218 shares of common stock of GEG purchased by NRC Partners I and 1,149 shares of common stock of GEG purchased by the Managed Accounts on behalf of investment advisory clients of Northern Right Management. Northern Right Management acts as the investment manager for the Managed Accounts. |
| F5 | Northern Right QP beneficially owns and has the power to vote or to direct the vote of 1,492,712 shares of common stock of GEG. NRC Partners I beneficially owns and has the power to vote or to direct the vote of 116,704 shares of common stock of GEG. The Managed Accounts, on behalf of certain investment advisory clients of Northern Right Management, beneficially own 1,723,544 shares of common stock of GEG. |
| F6 | As general partner and investment manager of NRC Partners I and Northern Right QP, Northern Right Management may be deemed to be the beneficial owner of the securities held by NRC Partners I and Northern Right QP. As the investment manager of the Managed Accounts, Northern Right Management may also be deemed to be the beneficial owner of the securities held by such accounts. As the general partner of Northern Right Management, BC Advisors, LLC may be deemed to be the beneficial owner of the securities beneficially owned (or deemed beneficially owned) by Northern Right Management. |
| F7 | (continued from footnote 6) Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein that may be beneficially owned by any of the other Reporting Persons, in each case, except to the extent of any pecuniary interest therein, and this report shall not be deemed an admission that any such entity or person is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. |
The Reporting Persons are jointly filing this Form 4.