Great Elm Group, Inc. - 30 Aug 2022 Form 4 Insider Report for Great Elm Capital Corp. (GECC)

Role
10%+ Owner
Signature
/s/ Adam M. Kleinman, attorney-in-fact
Issuer symbol
GECC
Transactions as of
30 Aug 2022
Transactions value $
-$2,813,871
Form type
4
Filing time
24 Jan 2023, 17:10:46 UTC
Previous filing
17 Jun 2022
Next filing
03 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GECC Common Stock Other -$610K -50K -2.71% $12.19 1.79M 30 Aug 2022 Direct F1
transaction GECC Common Stock Other -$101K -9.95K -0.56% $10.18 1.78M 20 Sep 2022 Direct F2
transaction GECC Common Stock Other -$87.6K -10.1K -0.57% $8.66 1.77M 26 Sep 2022 Direct F3
transaction GECC Common Stock Other -$2M -200K -11.29% $10.00 1.57M 07 Dec 2022 Direct F4
transaction GECC Common Stock Other -$15.5K -1.87K -0.12% $8.31 1.57M 22 Dec 2022 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On August 30, 2022, Great Elm Group, Inc. ("GEG") transferred 50,000 shares of Great Elm Capital Corp.'s common stock, par value $0.01 per share (the "Common Stock") to Imperial Capital Asset Management, LLC ("ICAM") as partial repayment under a promissory note (the "Seller Note") entered into by Great Elm Capital Management, Inc. ("GECM"), a wholly-owned subsidiary of GEG, and ICAM.
F2 On September 20, 2022, GEG transferred an aggregate of 9,947 shares of Common Stock owned by GEG as vested compensation awards.
F3 On September 26, 2022, GEG transferred an aggregate of 10,116 shares of Common Stock owned by GEG as vested compensation awards.
F4 Between December 7, 2022 and December 13, 2022, GEG transferred an aggregate of 200,000 shares of Common Stock to ICAM as partial repayment under the Seller Note.
F5 On December 22, 2022, GEG transferred an aggregate of 1,866 shares of Common Stock owned by GEG as vested compensation awards.