Jason Reese - Sep 20, 2024 Form 4 Insider Report for Great Elm Group, Inc. (GEG)

Signature
Jason Reese, By: /s/ Jason Reese
Stock symbol
GEG
Transactions as of
Sep 20, 2024
Transactions value $
$0
Form type
4
Date filed
9/24/2024, 04:28 PM
Previous filing
May 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GEG Common Stock Award $0 +130K +15.09% $0.00 993K Sep 20, 2024 Direct F3, F4, F5
holding GEG Common stock, par value $0.01 per share ("Common Stock") 6.38M Sep 20, 2024 See Footnotes F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Common Stock is held directly by Long Ball Partners, LLC ("Long Ball"), Imperial Capital Asset Management, LLC ("ICAM") and 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 each of Long Ball, ICAM and ICGH2.
F2 Consists of 5,009,662 shares held directly by Long Ball, 909,084 shares held directly by ICAM, and 460,900 shares held directly by ICGH2.
F3 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.
F4 On September 20, 2024, Jason Reese was awarded 130,208 shares of restricted stock, 25% of which vested on September 20, 2024, with 25% to vest on each of September 20, 2025, September 20, 2026 and September 20, 2027.
F5 Reflects shares directly beneficially owned by Mr. Reese.

Remarks:

Mr. Reese is the Chairman and Chief Executive Officer of the Issuer.