4//SEC Filing
Mast Capital Management, LLC 4
Accession 0000899243-19-010919
CIK 0001675033other
Filed
Apr 17, 8:00 PM ET
Accepted
Apr 18, 7:21 PM ET
Size
14.2 KB
Accession
0000899243-19-010919
Insider Transaction Report
Form 4
Steinberg David J.
10% Owner
Transactions
- Sale
Common Stock
2019-04-16$8.34/sh−16,700$139,265→ 1,695,008 total(indirect: See footnotes) - Sale
Common Stock
2019-04-18$8.36/sh−13,000$108,655→ 1,674,608 total(indirect: See footnotes) - Sale
Common Stock
2019-04-17$8.36/sh−7,400$61,846→ 1,687,608 total(indirect: See footnotes)
Mast Capital Management LLC
10% Owner
Transactions
- Sale
Common Stock
2019-04-16$8.34/sh−16,700$139,265→ 1,695,008 total(indirect: See footnotes) - Sale
Common Stock
2019-04-17$8.36/sh−7,400$61,846→ 1,687,608 total(indirect: See footnotes) - Sale
Common Stock
2019-04-18$8.36/sh−13,000$108,655→ 1,674,608 total(indirect: See footnotes)
Footnotes (11)
- [F1]Represents shares of Common Stock, $0.01 Par Value, of Great Elm Capital Corp., a Maryland corporation (the "Common Stock" and the "Issuer"), sold by the following Mast Accounts: (i) 15,705 shares of Common Stock sold by Mast Select Opportunities Master Fund, L.P. and (ii) 995 shares of Common Stock sold by Mast Admiral Master Fund, L.P.
- [F10]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.2 to $8.2576, inclusive, on April 18, 2019
- [F11]Represents shares of Common Stock held directly by the Mast Accounts, for which MAST Capital is the investment manager, including: (i) 1,609,762 shares held by Mast Select Opportunities Master Fund, L.P and (ii) 99,735 shares held by Mast Admiral Master Fund, L.P.
- [F2]The price reported in Column 4 is not a weighted average price. These shares were sold in a single transaction at price of $8.3392 on April 16, 2019
- [F3]Represents shares of Common Stock held directly by the Mast Accounts, for which MAST Capital is the investment manager, including: (i) 1,594,057 shares held by Mast Select Opportunities Master Fund, L.P and (ii) 100,951 shares held by Mast Admiral Master Fund, L.P.
- [F4]As the investment advisor of certain private investment funds (collectively, the "MAST Accounts"), including those disclosed herein, MAST Capital Management, LLC ("MAST Capital") may be deemed to be the beneficial owner of the shares of Common Stock held by the MAST Accounts disclosed herein. MAST Capital also has the right to an asset-based fee relating to the MAST Accounts. Pursuant to Rule 16a-1, MAST Capital disclaims such beneficial ownership, except to the extent of its pecuniary interest therein.
- [F5]Mr. Steinberg may also be deemed to beneficially own the shares of Common Stock beneficially owned (or deemed to be beneficially owned) by MAST Capital, as he is the principal of MAST Capital. Pursuant to Rule 16a-1, Mr. Steinberg disclaims such beneficial ownership, except to the extent of his pecuniary interest therein.
- [F6]Represents shares of Common Stock, $0.01 Par Value, of Great Elm Capital Corp., a Maryland corporation (the "Common Stock" and the "Issuer"), sold by the following Mast Accounts: (i) 12,225 shares of Common Stock sold by Mast Select Opportunities Master Fund, L.P. and (ii) 775 shares of Common Stock sold by Mast Admiral Master Fund, L.P.
- [F7]The price reported in Column 4 is not a weighted average price. These shares were sold in a single transaction at price of $8.3576 on April 17, 2019
- [F8]Represents shares of Common Stock held directly by the Mast Accounts, for which MAST Capital is the investment manager, including: (i) 1,574,873 shares held by Mast Select Opportunities Master Fund, L.P and (ii) 100,510 shares held by Mast Admiral Master Fund, L.P.
- [F9]Represents shares of Common Stock, $0.01 Par Value, of Great Elm Capital Corp., a Maryland corporation (the "Common Stock" and the "Issuer"), sold by the following Mast Accounts: (i) 15,047 shares of Common Stock sold by Mast Select Opportunities Master Fund, L.P. and (ii) 953 shares of Common Stock sold by Mast Admiral Master Fund, L.P.
Documents
Issuer
Great Elm Capital Corp.
CIK 0001675033
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001429074
Filing Metadata
- Form type
- 4
- Filed
- Apr 17, 8:00 PM ET
- Accepted
- Apr 18, 7:21 PM ET
- Size
- 14.2 KB