David Matter - Jun 9, 2022 Form 4 Insider Report for Great Elm Group, Inc. (GEG)

Role: Director
Signature: /s/ Adam M. Kleinman, attorney-in-fact
Stock symbol: GEG
Transactions as of: Jun 9, 2022
Transactions value $: $74,353
Form type: 4
Date filed: 6/13/2022, 07:05 PM
Previous filing: May 27, 2022
Next filing: Jun 16, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GEG	Common Stock	Award	$0	+17.1K	+51.82%	$0.00	50K	Jun 9, 2022	Direct	F1
transaction	GEG	Common Stock	Award	$0	+17.1K	+34.13%	$0.00	67.1K	Jun 9, 2022	Direct	F2
transaction	GEG	Common Stock	Purchase	$58.7K	+24.5K	+36.51%	$2.40	91.6K	Jun 10, 2022	Direct
transaction	GEG	Common Stock	Purchase	$15.7K	+6.62K	+7.23%	$2.37	98.2K	Jun 13, 2022	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Reporting Person was awarded 17,074 shares of restricted stock, 442 of which vested on May 31, 2022, and the remaining of which vest in equal monthly installments on the end of each month beginning on June 30, 2022 through December 31, 2022, contingent upon continued service as a member of the board of directors of Great Elm Group, Inc. ("GEG").
F2	The Reporting Person was awarded 17,074 shares of restricted stock in lieu of cash for retainer fees for service on the Registrant's board of directors, 2,820 of which vest on June 30, 2022, and the remaining of which vest in equal quarterly installments on the end of each quarter beginning on September 30, 2022 through December 31, 2022, contingent upon continued service as a member of the board of directors of GEG.

Content

The Reporting Person was awarded 17,074 shares of restricted stock, 442 of which vested on May 31, 2022, and the remaining of which vest in equal monthly installments on the end of each month beginning on June 30, 2022 through December 31, 2022, contingent upon continued service as a member of the board of directors of Great Elm Group, Inc. ("GEG").

The Reporting Person was awarded 17,074 shares of restricted stock in lieu of cash for retainer fees for service on the Registrant's board of directors, 2,820 of which vest on June 30, 2022, and the remaining of which vest in equal quarterly installments on the end of each quarter beginning on September 30, 2022 through December 31, 2022, contingent upon continued service as a member of the board of directors of GEG.