Jason Reese - Jun 2, 2023 Form 4 Insider Report for Great Elm Group, Inc. (GEG)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
Jason Reese By: /s/ Jason Reese
Stock symbol
GEG
Transactions as of
Jun 2, 2023
Transactions value $
$30,958
Form type
4
Date filed
6/6/2023, 07:34 PM
Previous filing
May 31, 2023
Next filing
Sep 27, 2023

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 $6.31K +3.01K +0.05% $2.10 6.03M Jun 2, 2023 See Footnotes F1, F3, F6
transaction GEG Common Stock Purchase $18.4K +8.85K +0.15% $2.08 6.04M Jun 5, 2023 See Footnotes F2, F4, F6
transaction GEG Common Stock Purchase $6.24K +2.97K +0.05% $2.10 6.04M Jun 6, 2023 See Footnotes F5, F6
holding GEG Common Stock 730K Jun 2, 2023 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price, rounded to the nearest cent. These shares were purchased in multiple transactions at prices ranging from $2.075 to $2.12, 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.
F2 The price reported in Column 4 is a weighted average price, rounded to the nearest cent. These shares were purchased in multiple transactions at prices ranging from $2.04 to $2.10, 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.
F3 Consists of 4,656,282 shares held directly by Long Ball, 909,084 shares held directly by Imperial Capital Asset Management, LLC ("ICAM"), and 460,900 shares held directly by Imperial Capital Group Holdings II, LLC ("ICGH2"). 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. Mr. Reese is one of the owners of Imperial Capital Group Holdings, LLC, which is the managing member of ICGH2. Mr. Reese has voting and dispositive power over the shares of Common Stock held directly by ICGH2.
F4 Consists of 4,665,133 shares held directly by Long Ball, 909,084 shares held directly by ICAM, and 460,900 shares held directly by ICGH2.
F5 Consists of 4,668,103 shares held directly by Long Ball, 909,084 shares held directly by ICAM, and 460,900 shares held directly by ICGH2.
F6 Each of Mr. Reese, ICAM, Long Ball and ICGH2 disclaims beneficial ownership of the securities reported herein, except to the extent of that person's pecuniary interest.
F7 Reflects shares directly beneficially owned by Mr. Reese.