Jason Reese - Sep 28, 2022 Form 4 Insider Report for Great Elm Group, Inc. (GEG)

Role
Director, 10%+ Owner
Signature
By: /s/ Jason Reese
Stock symbol
GEG
Transactions as of
Sep 28, 2022
Transactions value $
$11,124
Form type
4
Date filed
9/30/2022, 05:29 PM
Previous filing
Sep 27, 2022
Next filing
Oct 11, 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 $11.1K +5.56K +0.11% $2.00 4.94M Sep 28, 2022 See Footnotes F1, F2, F3
holding GEG Common Stock 565K Sep 28, 2022 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This purchase was effected pursuant to a Rule 10b5-1 Trading Plan established by Long Ball Partners, LLC ("Long Ball") on June 15, 2022.
F2 Consists of 3,571,197 shares held directly by 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.
F3 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.
F4 Reflects shares directly beneficially owned by Mr. Reese.

Remarks:

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