Great Elm Group, Inc. - 04 Mar 2024 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: 04 Mar 2024
Transactions value $: -$13,406
Form type: 4
Filing time: 04 Mar 2024, 21:19:12 UTC
Previous filing: 22 Feb 2024
Next filing: 25 Sep 2024
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	-$13.4K	-1.24K	-0.08%	$10.82	1.52M	04 Mar 2024	Direct	F1

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

Explanation of Responses:

Id	Content
F1	On March 4, 2024, Great Elm Group, Inc. ("GEG") agreed to transfer an aggregate of 1,239 shares of common stock of Great Elm Capital Corp. owned by GEG as compensation to certain of GEG's employees. The shares vest in equal annual installments on each 20th of September for the next four consecutive years, beginning on September 20, 2024, subject to continued service with GEG. GEG will retain voting rights over the unvested portion of the shares.

Content

On March 4, 2024, Great Elm Group, Inc. ("GEG") agreed to transfer an aggregate of 1,239 shares of common stock of Great Elm Capital Corp. owned by GEG as compensation to certain of GEG's employees. The shares vest in equal annual installments on each 20th of September for the next four consecutive years, beginning on September 20, 2024, subject to continued service with GEG. GEG will retain voting rights over the unvested portion of the shares.