Imperial Capital Asset Management, LLC 4
4 · Great Elm Capital Group, Inc. · Filed May 26, 2020
Insider Transaction Report
Form 4
Transactions
- Purchase
Common stock, par value $0.001 per share
2020-05-22$1.96/sh+4,425$8,670→ 2,324,312 total(indirect: See footnote)
Holdings
- 36,517(indirect: See footnote)
Common stock, par value $0.001 per share
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.9200 to $1.9800, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
- [F2]The Common Stock is 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. Each of Mr. Reese and ICAM disclaims beneficial ownership of the securities held by Long Ball except to the extent of that person's pecuniary interest therein.
- [F3]Mr. Reese was awarded 36,517 restricted shares that vest commencing April 10, 2020, with one-twelfth vesting each monthly anniversary of such date, contingent upon continued service as a member of the board of directors of Great Elm Capital Group, Inc. Each of Long Ball and ICAM disclaims beneficial ownership of the securities held by Mr. Reese.