Keri Davis - 20 Sep 2022 Form 4 Insider Report for Great Elm Capital Corp. (GECC)

Role: CFO
Signature: /s/ Adam M. Kleinman, attorney-in-fact
Issuer symbol: GECC
Transactions as of: 20 Sep 2022
Transactions value $: $0
Form type: 4
Filing time: 31 Mar 2023, 20:03:26 UTC
Previous filing: 28 Sep 2021
Next filing: 22 May 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GECC	Common Stock	Other	$0	+5,894	+1.89%	$0	9,011	20 Sep 2022	Direct	F1
transaction	GECC	Common Stock	Other	$0	+23	+0.26%	$0	9,034	24 Sep 2022	Direct	F2

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

Explanation of Responses:

Id	Content
F1	Ms. Davis is the CFO of Great Elm Capital Management, Inc. ("GECM"), the external investment manager of Great Elm Capital Corp. ("GECC"). Ms. Davis received an award of 5,894 shares of common stock of GECC as equity compensation for her position at GECM, 1,474 of which vested on the grant date, September 20, 2022, and the remainder of which will vest in equal annual installments on each anniversary of the grant date until September 20, 2025, subject to continued service with GECM.
F2	Represents shares of common stock of GECC acquired as a result of a stock dividend associated with the portion of the equity compensation awarded to Ms. Davis on September 24, 2021 that vested on the one-year anniversary of that date.

Content

Ms. Davis is the CFO of Great Elm Capital Management, Inc. ("GECM"), the external investment manager of Great Elm Capital Corp. ("GECC"). Ms. Davis received an award of 5,894 shares of common stock of GECC as equity compensation for her position at GECM, 1,474 of which vested on the grant date, September 20, 2022, and the remainder of which will vest in equal annual installments on each anniversary of the grant date until September 20, 2025, subject to continued service with GECM.

Represents shares of common stock of GECC acquired as a result of a stock dividend associated with the portion of the equity compensation awarded to Ms. Davis on September 24, 2021 that vested on the one-year anniversary of that date.