4//SEC Filing
Mast Capital Management, LLC 4
Accession 0000899243-19-015948
CIK 0001675033other
Filed
Jun 6, 8:00 PM ET
Accepted
Jun 7, 10:40 AM ET
Size
8.3 KB
Accession
0000899243-19-015948
Insider Transaction Report
Form 4
Steinberg David J.
10% Owner
Transactions
- Sale
Common Stock
2019-06-05$8.48/sh−55,100$467,314→ 1,015,508 total(indirect: See footnotes)
Mast Capital Management LLC
10% Owner
Transactions
- Sale
Common Stock
2019-06-05$8.48/sh−55,100$467,314→ 1,015,508 total(indirect: See footnotes)
Footnotes (5)
- [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) 55,100 shares of Common Stock sold by Mast Select Opportunities Master Fund, L.P. and (ii) 0 shares of Common Stock sold by Mast Admiral Master Fund, L.P.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.48to $8.4934, inclusive, on June 5, 2019
- [F3]Represents shares of Common Stock held directly by the Mast Accounts, for which MAST Capital is the investment manager, including: (i) 943,961 shares held by Mast Select Opportunities Master Fund, L.P and (ii) 71,547 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.
Documents
Issuer
Great Elm Capital Corp.
CIK 0001675033
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001429074
Filing Metadata
- Form type
- 4
- Filed
- Jun 6, 8:00 PM ET
- Accepted
- Jun 7, 10:40 AM ET
- Size
- 8.3 KB