Matthew A. Drapkin - Mar 4, 2022 Form 3 Insider Report for Great Elm Capital Corp. (GECC)

Role
Director
Signature
/s/ Adam M. Kleinman, attorney-in-fact
Stock symbol
GECC
Transactions as of
Mar 4, 2022
Transactions value $
$0
Form type
3
Date filed
3/11/2022, 06:26 PM
Previous filing
Jan 5, 2022
Next filing
Mar 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding GECC Common Stock 47.2K Mar 4, 2022 See Footnote F1, F4, F5
holding GECC Common Stock 47.3K Mar 4, 2022 See Footnote F2, F4, F5
holding GECC Common Stock 132K Mar 4, 2022 See Footnote F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock purchased by Northern Right Capital Management, L.P., a Texas limited partnership ("Northern Right Management"), on behalf of a separate managed account on behalf of an investment advisory client (the "Managed Account").
F2 Represents shares of common stock held directly by NRC Partners I, L.P., a Delaware limited partnership ("NRC Partners").
F3 Represents shares of common stock held directly by Northern Right Capital (QP), L.P., a Texas limited partnership ("Northern Right QP").
F4 As general partner and investment manager of NRC Partners and Northern Right QP, Northern Right Management may be deemed to be the beneficial owner of the shares of common stock held by NRC Partners and Northern Right QP. As the investment manager of the Managed Account, Northern Right Management may also be deemed to be the beneficial owner of the shares of common stock held by the Managed Account. As general partner of Northern Right Management, BC Advisors, LLC, a Texas limited liability company ("BCA") may be deemed to be the beneficial owner of the shares of common stock beneficially owned (or deemed beneficially owned) by Northern Right Management. As the managing member of BCA, the Reporting Person may be deemed to be the beneficial owner of the shares of common stock beneficially owned (or deemed beneficially owned) by BCA.
F5 (continued from footnote 4) The Reporting Person disclaims such beneficial ownership of the shares of common stock indirectly owned through his position with BCA, except to the extent of his pecuniary interest therein.

Remarks:

Exhibit 24 - Power of Attorney