Jason Reese - Jan 5, 2023 Form 4 Insider Report for Great Elm Group, Inc. (GEG)

Role
Director, 10%+ Owner
Signature
Long Ball Partners, LLC Imperial Capital Asset Management, LLC, its Managing Member By: /s/ Jason W. Reese Name: Jason W. Reese Title: Chairman & CEO
Stock symbol
GEG
Transactions as of
Jan 5, 2023
Transactions value $
$0
Form type
4
Date filed
1/9/2023, 06:24 PM
Previous filing
Dec 30, 2022
Next filing
Jan 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GEG Common Stock Award $0 +29.4K +5.21% $0.00 594K Jan 5, 2023 Direct F3
transaction GEG Common Stock Award $0 +136K +22.84% $0.00 730K Jan 5, 2023 Direct F4
holding GEG Common Stock 5.62M Jan 5, 2023 See Footnotes F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of 4,250,016 shares held directly by Long Ball Partners, LLC ("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.
F2 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.
F3 Mr. Reese was awarded 29,412 shares of restricted stock, which vest in equal monthly installments on the end of each month beginning on January 31, 2023 through December 31, 2023, contingent upon continued service as a member of the board of directors of Great Elm Group, Inc. ("GEG").
F4 Mr. Reese was awarded 135,747 shares of restricted stock, which vest in equal quarterly installments on the end of each quarter beginning on March 31, 2023 through December 31, 2023, contingent upon continued service as a member of the board of directors of GEG.

Remarks:

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