| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | GEG | Common Stock | Purchase | $8.94K | +4.36K | +0.13% | $2.05 | 3.34M | Sep 8, 2022 | See Footnote | F1, F2, F5, F6, F7 |
| transaction | GEG | Common Stock | Purchase | $16.7K | +8.15K | +0.24% | $2.05 | 3.35M | Sep 9, 2022 | See Footnote | F2, F3, F5, F6, F7 |
| transaction | GEG | Common Stock | Purchase | $13K | +6.37K | +0.19% | $2.05 | 3.36M | Sep 12, 2022 | See Footnote | F2, F4, F5, F6, F7 |
| Id | Content |
|---|---|
| F1 | Represents 1,412 shares of common stock of Great Elm Group, Inc. ("GEG") purchased by Northern Right Capital (QP), L.P. ("Northern Right QP"), 466 shares of common stock of GEG purchased by NRC Partners I, LP ("NRC Partners I") and 2,483 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 2,631 shares of common stock of GEG purchased by Northern Right QP, 875 shares of common stock of GEG purchased by NRC Partners I and 4,647 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 2,050 shares of common stock of GEG purchased by Northern Right QP, 685 shares of common stock of GEG purchased by NRC Partners I and 3,630 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 1,499,995 shares of common stock of GEG. NRC Partners I beneficially owns and has the power to vote or to direct the vote of 119,123 shares of common stock of GEG. The Managed Accounts, on behalf of certain investment advisory clients of Northern Right Management, beneficially own 1,736,390 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. |
| F7 | (Continued from Footnote 6): 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. 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.