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Home/Filings/3/0000899243-20-007431
3//SEC Filing

Imperial Capital Asset Management, LLC 3

Accession 0000899243-20-007431

CIK 0001082506other
View on SEC.govCompany Profile

Filed

Mar 5, 7:00 PM ET

Accepted

Mar 6, 4:14 PM ET

Size

10.2 KB

Accession

0000899243-20-007431

Insider Transaction Report

Form 3
Period: 2020-02-26
Great Elm Capital Group, Inc.GEC
Imperial Capital Asset Management, LLC
10% Owner
Holdings

  • Common stock, par value $0.001 per share

    (indirect: See Footnote)
    2,319,887

  • 5.0% Convertible Senior PIK Note due 2030

    (indirect: See Footnote)
    Exercise: $3.47From: 2020-02-26Exp: 2030-02-26→ Common stock, par value $0.001 per share (1,843,211 underlying)
LONG BALL PARTNERS LLC
10% Owner
Holdings

  • Common stock, par value $0.001 per share

    (indirect: See Footnote)
    2,319,887

  • 5.0% Convertible Senior PIK Note due 2030

    (indirect: See Footnote)
    Exercise: $3.47From: 2020-02-26Exp: 2030-02-26→ Common stock, par value $0.001 per share (1,843,211 underlying)
Reese Jason W.
Director10% Owner
Holdings

  • Common stock, par value $0.001 per share

    (indirect: See Footnote)
    2,319,887

  • 5.0% Convertible Senior PIK Note due 2030

    (indirect: See Footnote)
    Exercise: $3.47From: 2020-02-26Exp: 2030-02-26→ Common stock, par value $0.001 per share (1,843,211 underlying)
Footnotes (2)
  • [F1]These securities are held directly by Long Ball Partners, LLC ("Long Ball"). Jason Reese is portfolio manager to Long Ball and is Chairman and Chief Executive Officer of Imperial Capital Asset Management, LLC ("ICAM"), which is the managing member and investment manager to Long Ball. Mr. Reese and ICAM each may be deemed to be the beneficial owner of the securities directly held by Long Ball. Each of Mr. Reese and ICAM disclaims beneficial ownership of these securities except to the extent of that person's pecuniary interest therein.
  • [F2]Long Ball has the right, at its option, to convert all or any portion of its $6,400,000 5.0% Convertible Senior PIK Note due 2030 issued by the Issuer (the "Note") at any time prior to the close of business on the second business day immediately preceding the maturity date of the Note into common stock, par value $0.001 per share, of the Issuer (the "Common Stock") at an initial conversation rate of 288.0018 shares of Common Stock per $1,000 principal amount and an initial conversion price of $3.4722 per share (subject to, and in accordance with, the terms of the Note).

Documents

1 file

Issuer

Great Elm Capital Group, Inc.

CIK 0001082506

→
Entity typeother
IncorporatedDE

Related Parties

1
  • filerCIK 0001805378

Filing Metadata

Form type
3
Filed
Mar 5, 7:00 PM ET
Accepted
Mar 6, 4:14 PM ET
Size
10.2 KB
View on SEC.gov