Great Elm Group, Inc.

SEC source: 0000950103-26-014396 · dp253789_4-gegigecc.xml · nonDerivative · entry 1

Great Elm Group, Inc. · CIK 0001831096 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,244,167

F1 · kind: Reflects shares of common stock of Great Elm Capital Corp. ("GECC") owned by Great Elm Group, Inc. ("GEG") that (i) GEG granted as compensation to certain employees in exchange for no consideration and (ii) which were delivered by GEG (together with any accumulated stock dividends thereon) to such employees in connection with the vesting of such awards (or an applicable portion thereof).

F2 · ownership.direct: Prior to the vesting and delivery of any such compensation awards (or any portion thereof), GEG retains beneficial ownership rights over the GECC shares underlying such awards, the number of which are included in GEG's direct holdings.

SEC source: 0000950103-25-012100 · dp234795_4-gegigecc.xml · nonDerivative · entry 2

Great Elm Group, Inc. · CIK 0001831096 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,358,278

F1 · kind: Reflects shares of common stock of Great Elm Capital Corp. ("GECC") owned by Great Elm Group, Inc. ("GEG") that (i) GEG granted as compensation to certain employees in exchange for no consideration and (ii) which were delivered by GEG (together with any accumulated stock dividends thereon) to such employees in connection with the vesting of such awards (or an applicable portion thereof).

F2 · ownership.direct: Prior to the vesting and delivery of any such compensation awards (or any portion thereof), GEG retains beneficial ownership rights over the GECC shares underlying such awards, the number of which are included in GEG's direct holdings.

SEC source: 0000950103-25-012100 · dp234795_4-gegigecc.xml · nonDerivative · entry 1

Great Elm Group, Inc. · CIK 0001831096 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,421,467

F1 · kind: Reflects shares of common stock of Great Elm Capital Corp. ("GECC") owned by Great Elm Group, Inc. ("GEG") that (i) GEG granted as compensation to certain employees in exchange for no consideration and (ii) which were delivered by GEG (together with any accumulated stock dividends thereon) to such employees in connection with the vesting of such awards (or an applicable portion thereof).

F2 · ownership.direct: Prior to the vesting and delivery of any such compensation awards (or any portion thereof), GEG retains beneficial ownership rights over the GECC shares underlying such awards, the number of which are included in GEG's direct holdings.

SEC source: 0001140361-24-050291 · form4.xml · nonDerivative · entry 1

Great Elm Group, Inc. · CIK 0001831096 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,438,079

F1 · kind: Represents shares of common stock of Great Elm Capital Corp. transferred on December 23, 2024 as a result of vested compensation awards granted in prior years.

SEC source: 0001140361-24-041816 · form4.xml · nonDerivative · entry 4

Great Elm Group, Inc. · CIK 0001831096 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,429,911

F3 · kind: Represents shares of common stock of GECC transferred on September 24, 2024 as a result of a stock dividend associated with the portion of the equity compensation previously awarded by GEG to certain employees that vested on the anniversary of those grant dates.

F4 · ownership.direct: GEG's direct holdings includes 1,230 shares of common stock of GECC previously reported as transferred in connection with an unvested equity compensation award, subject to such employee's continued service; however, such employee forfeited such compensation award and GEG retained beneficial ownership over such shares.

SEC source: 0001140361-24-041816 · form4.xml · nonDerivative · entry 3

Great Elm Group, Inc. · CIK 0001831096 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,440,722

F2 · kind: Represents shares of common stock of GECC transferred on September 20, 2024 and September 24, 2024 as a result of vested compensation awards granted in prior years.

SEC source: 0001140361-24-041839 · form4.xml · nonDerivative · entry 2

Great Elm Group, Inc. · CIK 0001831096 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,440,722

F1 · kind: Represents shares of common stock of Great Elm Capital Corp transferred on September 20, 2024 and September 24, 2024 as a result of vested compensation awards granted in prior years.

F2 · shares: This amendment is being filed to correct information pertaining to the amount of securities transferred as a result of vested compensation awards granted in prior years.

SEC source: 0001140361-24-041816 · form4.xml · nonDerivative · entry 2

Great Elm Group, Inc. · CIK 0001831096 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,455,699

F2 · kind: Represents shares of common stock of GECC transferred on September 20, 2024 and September 24, 2024 as a result of vested compensation awards granted in prior years.

SEC source: 0001140361-24-041816 · form4.xml · nonDerivative · entry 1

Great Elm Group, Inc. · CIK 0001831096 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,486,283

F1 · kind: On September 20, 2024, Great Elm Group, Inc. ("GEG") agreed to transfer an aggregate of 31,879 shares of common stock of Great Elm Capital Corp. ("GECC") owned by GEG as compensation. These shares vested on the grant date, September 20, 2024, and the remainder of the unvested shares awarded on the grant date vest in equal annual installments on each 20th of September for the next two or three consecutive years, depending on the award, subject to continued service. GEG will retain voting rights over the unvested portion of the shares.

SEC source: 0001140361-24-041839 · form4.xml · nonDerivative · entry 1

Great Elm Group, Inc. · CIK 0001831096 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,431,545

F1 · kind: Represents shares of common stock of Great Elm Capital Corp transferred on September 20, 2024 and September 24, 2024 as a result of vested compensation awards granted in prior years.

F2 · shares: This amendment is being filed to correct information pertaining to the amount of securities transferred as a result of vested compensation awards granted in prior years.

SEC source: 0001140361-24-011198 · form4.xml · nonDerivative · entry 1

Great Elm Group, Inc. · CIK 0001831096 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,516,932

F1 · kind: 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.

SEC source: 0001140361-24-009083 · form4.xml · nonDerivative · entry 1

Great Elm Group, Inc. · CIK 0001831096 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,518,171

F1 · kind: On February 15, 2024, Great Elm Group, Inc. ("GEG") transferred an aggregate of 2,389 shares of Great Elm Capital Corp.'s common stock, par value $0.01 per share, owned by GEG as vested compensation awards.

SEC source: 0001140361-23-054289 · form4.xml · nonDerivative · entry 1

Great Elm Group, Inc. · CIK 0001831096 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,520,560

SEC source: 0001140361-23-045005 · form4.xml · nonDerivative · entry 1

Great Elm Group, Inc. · CIK 0001831096 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,506,159

F1 · kind: On September 20, 2023, Great Elm Group, Inc. ("GEG") transferred an aggregate of 26,360 shares of Great Elm Capital Corp.'s common stock, par value $0.01 per share, owned by GEG as vested compensation awards.

SEC source: 0001140361-23-026271 · form4.xml · nonDerivative · entry 1

Great Elm Group, Inc. · CIK 0001831096 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,532,519

F1 · kind: On May 19, 2023, Great Elm Group, Inc. ("GEG") granted 37,268 shares of Great Elm Capital Corp.'s common stock, par value $0.01 per share, to Peter A. Reed in connection with Mr. Reed's resignation as Chief Executive Officer of GEG.

SEC source: 0001140361-23-000265 · form4.xml · nonDerivative · entry 3

Great Elm Group, Inc. · CIK 0001831096 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · Great Elm Opportunities Fund I, LP

Disclosed balance after: 0

F4 · shares: On January 3, 2023, Great Elm Opportunities Fund I, LP, a Delaware limited partnership ("GEOF"), distributed 73,176 shares of Common Stock to a third party limited partner in GEOF. In connection with the distribution, GEG may no longer be deemed to be the beneficial owner of the shares of common stock previously beneficially owned (or deemed beneficially owned) by GEOF.

SEC source: 0001140361-23-000265 · form4.xml · nonDerivative · entry 2

Great Elm Group, Inc. · CIK 0001831096 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · Forest Investments, Inc.

Disclosed balance after: 0

F2 · shares: On December 30, 2022, GEG and Great Elm FM Acquisition, Inc. ("FM Acquisition"), a wholly-owned subsidiary of GEG, entered into a stock purchase agreement (the "Stock Purchase Agreement") with J.P. Morgan Broker-Dealer Holdings Inc. ("JPM") to sell 61 shares of the common stock, $0.001 par value per share, of Forest Investments, Inc. ("Forest") owned by FM Acquisition and GEG, which shares constitute 61% of the issued and outstanding shares of Forest's common stock. As the parent of Forest, prior to the entry into the Stock Purchase Agreement, GEG may have been deemed to be the beneficial owner of the shares of common stock beneficially owned (or deemed beneficially owned) by Forest.

F3 · ownership.nature: Following the entry into the Stock Purchase Agreement, GEG may no longer be deemed to be the beneficial owner of the shares of common stock beneficially owned (or deemed beneficially owned) by Forest.

SEC source: 0001140361-23-002604 · form4.xml · nonDerivative · entry 5

Great Elm Group, Inc. · CIK 0001831096 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,569,787

F5 · kind: On December 22, 2022, GEG transferred an aggregate of 1,866 shares of Common Stock owned by GEG as vested compensation awards.

SEC source: 0001140361-23-002604 · form4.xml · nonDerivative · entry 4

Great Elm Group, Inc. · CIK 0001831096 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,571,653

F4 · kind: 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.

SEC source: 0001140361-23-002604 · form4.xml · nonDerivative · entry 3

Great Elm Group, Inc. · CIK 0001831096 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,771,653

F3 · kind: On September 26, 2022, GEG transferred an aggregate of 10,116 shares of Common Stock owned by GEG as vested compensation awards.

SEC source: 0001140361-23-002604 · form4.xml · nonDerivative · entry 2

Great Elm Group, Inc. · CIK 0001831096 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,781,769

F2 · kind: On September 20, 2022, GEG transferred an aggregate of 9,947 shares of Common Stock owned by GEG as vested compensation awards.

SEC source: 0001140361-23-002604 · form4.xml · nonDerivative · entry 1

Great Elm Group, Inc. · CIK 0001831096 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,791,716

F1 · kind: 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.

SEC source: 0001140361-22-023496 · form4.xml · derivative · entry 7

Great Elm Group, Inc. · CIK 0001831096 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · Forest Investments, Inc.

Disclosed balance after: 0

Underlying: Common Stock · 400,000 shares

Expires 2022-06-10

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001140361-22-023496 · form4.xml · derivative · entry 6

Great Elm Group, Inc. · CIK 0001831096 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 1,000,000 shares

Expires 2022-06-10

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001140361-22-023496 · form4.xml · nonDerivative · entry 4

Great Elm Group, Inc. · CIK 0001831096 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · Forest Investments, Inc.

Disclosed balance after: 400,100

F4 · shares: Reflects additional shares of Common Stock acquired by Forest in connection with the Issuer's rights offering pursuant to the over-subscription privilege.

F5 · ownership.nature: Represents shares of common stock of GECC held directly by Forest. As the parent of Forest, GEG may be deemed to be the beneficial owner of the shares of common stock beneficially owned (or deemed beneficially owned) by Forest.

SEC source: 0001140361-22-023496 · form4.xml · nonDerivative · entry 3

Great Elm Group, Inc. · CIK 0001831096 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · Forest Investments, Inc.

Disclosed balance after: 200

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · shares: On June 15, 2022, Forest Investments, Inc. ("Forest") exercised in full its primary subscription rights (each 1 subscription right entitling Forest to purchase 1 share of Common Stock), which were issued to holders of Common Stock on the May 23, 2022 record date for the rights offering.

F5 · ownership.nature: Represents shares of common stock of GECC held directly by Forest. As the parent of Forest, GEG may be deemed to be the beneficial owner of the shares of common stock beneficially owned (or deemed beneficially owned) by Forest.

SEC source: 0001140361-22-023496 · form4.xml · nonDerivative · entry 2

Great Elm Group, Inc. · CIK 0001831096 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,814,111

F2 · shares: Reflects additional shares of Common Stock acquired by GEG in connection with the Issuer's rights offering pursuant to the over-subscription privilege.

SEC source: 0001140361-22-023496 · form4.xml · nonDerivative · entry 1

Great Elm Group, Inc. · CIK 0001831096 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,628,222

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: On June 15, 2022, the Reporting Person exercised in full its primary subscription rights (each 1 subscription right entitling it to purchase 1 share of Common Stock), which were issued to holders of Common Stock on the May 23, 2022 record date for the rights offering.

SEC source: 0001140361-22-018938 · form4.xml · nonDerivative · entry 1

Great Elm Group, Inc. · CIK 0001831096 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 814,111

F1 · kind: All share figures herein reflect the 6-for-1 reverse stock split of GECC's outstanding common stock, effective February 28, 2022.

F1 · balance_after: All share figures herein reflect the 6-for-1 reverse stock split of GECC's outstanding common stock, effective February 28, 2022.

F2 · balance_after: On May 11, 2022, Great Elm Group, Inc. ("GEG") transferred 100,000 shares of common stock of Great Elm Capital Corp. ("GECC") as consideration in connection with Great Elm Capital Management, Inc.'s ("GECM"), a wholly-owned subsidiary of GEG, entry into an asset purchase agreement (the "Purchase Agreement") with Imperial Capital Asset Management, LLC pursuant to which GECM acquired the investment management agreement and certain other assets related thereto for Monomoy Properties REIT, LLC, a Maryland real estate investment trust. All share figures herein reflect the 6-for-1 reverse stock split of GECC's outstanding common stock, effective February 28, 2022.

SEC source: 0001140361-21-032831 · form4.xml · nonDerivative · entry 1

Great Elm Group, Inc. · CIK 0001831096 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,319,507

F1 · kind: On September 24, 2021, Great Elm Group, Inc. ("GEG") agreed to transfer an aggregate of 220,217 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 beginning on the grant date, September 24, 2021, and in equal annual installments on each anniversary of the grant date through September 24, 2024, subject to continued service with GEG. GEG will retain voting rights over the unvested portion of the shares.

F1 · balance_after: On September 24, 2021, Great Elm Group, Inc. ("GEG") agreed to transfer an aggregate of 220,217 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 beginning on the grant date, September 24, 2021, and in equal annual installments on each anniversary of the grant date through September 24, 2024, subject to continued service with GEG. GEG will retain voting rights over the unvested portion of the shares.

SEC source: 0001140361-21-003987 · form4.xml · nonDerivative · entry 1

Great Elm Group, Inc. · CIK 0001831096 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,539,724

F1 · kind: Shares disposed of by way of equity compensation for Keri Davis, CFO of Great Elm Capital Management, Inc., the external investment manager of GECC.

SEC source: 0001209191-21-005390 · doc4.xml · nonDerivative · entry 2

Great Elm Group, Inc. · CIK 0001831096 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · Great Elm Opportunities Fund I, LP

Disclosed balance after: 439,063

F1 · kind: Shares acquired as a result of a stock dividend.

F2 · ownership.nature: Represents shares of common stock held directly by Great Elm Opportunities Fund I, LP, a Delaware limited partnership ("GEOF"). As the general partner of GEOF, Great Elm Opportunities GP, Inc., a Delaware corporation ("GEOF GP") and a wholly-owned subsidiary of Great Elm Group, Inc. ("GEG") may be deemed to be the beneficial owner of the shares of common stock held by GEOF. As the parent of GEOF GP, GEG may be deemed to be the beneficial owner of the shares of common stock beneficially owned (or deemed beneficially owned) by GEOF GP.

SEC source: 0001209191-21-005390 · doc4.xml · nonDerivative · entry 1

Great Elm Group, Inc. · CIK 0001831096 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,550,978

F1 · kind: Shares acquired as a result of a stock dividend.