Jason Reese - 03 Jan 2022 Form 4 Insider Report for Great Elm Group, Inc. (GEG)

Role
Director, 10%+ Owner
Signature
Jason Reese, By: /s/ Jason Reese
Issuer symbol
GEG
Transactions as of
03 Jan 2022
Transactions value $
$0
Form type
4
Filing time
05 Jan 2022, 15:31:37 UTC
Previous filing
28 Sep 2021
Next filing
06 May 2022
SEC
View on sec.gov

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") Award $0 +31.6K +10.93% $0.00 320K 03 Jan 2022 Direct F1
transaction GEG Common Stock Award $0 +85K +26.54% $0.00 405K 03 Jan 2022 Direct F2
holding GEG Common Stock 2.66M 03 Jan 2022 See Footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 3, 2022, Jason Reese was awarded 31,553 shares of restricted stock, which vest monthly in twelve equal installments on month end.
F2 On January 3, 2022, Jason Reese was awarded 84,951 shares of restricted stock, which vest in four even installments at the end of each calendar quarter in 2022.
F3 This Common Stock is held directly by Long Ball Partners, LLC ("Long Ball"). Mr. Reese is Portfolio manager to Long Ball and is Chairman and Chief Executive Officer of Imperial Capital Asset Management, LLC ("ICAM"), which is the managing member of and investment manager to Long Ball. Each of Mr. Reese and ICAM disclaims beneficial ownership of the securities held by Long Ball except to the extent of that person's pecuniary interest therein. Each of Long Ball and ICAM disclaims beneficial ownership of the securities held directly by Mr. Reese.

Remarks:

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