LONG BALL PARTNERS LLC 4
4 · Great Elm Group, Inc. · Filed Feb 21, 2024
Insider Transaction Report
Form 4
Reese Jason W.
DirectorSee remarks10% Owner
Transactions
- Purchase
Common Stock
2024-02-21$1.95/sh+2,989$5,829→ 6,160,346 total(indirect: See Footnotes) - Purchase
Common stock, par value $0.01 per share ("Common Stock")
2024-02-16$1.92/sh+4,237$8,135→ 6,151,050 total(indirect: See Footnotes) - Purchase
Common Stock
2024-02-20$1.98/sh+6,307$12,488→ 6,157,357 total(indirect: See Footnotes)
Holdings
- 862,911
Common Stock
Footnotes (7)
- [F1]The price reported in Column 4 is a weighted average price, rounded to the nearest cent. These shares were purchased in multiple transactions at prices ranging from $1.91 to $1.97, 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 (the "SEC"), upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
- [F2]This Common Stock is held directly by Long Ball Partners, LLC ("Long Ball"), Imperial Capital Asset Management, LLC ("ICAM") and Imperial Capital Group Holdings II, LLC ("ICGH2"). Mr. Reese is portfolio manager to Long Ball and is Chairman and Chief Executive Officer of ICAM, which is the managing member of and investment manager to Long Ball. Mr. Reese is one of the owners of Imperial Capital Group Holdings, LLC, which is the managing member of ICGH2. Mr. Reese has voting and dispositive power over the shares of Common Stock held directly by each of Long Ball, ICAM and ICGH2.
- [F3]Each of Mr. Reese, ICAM, Long Ball and ICGH2 disclaims beneficial ownership of the securities reported herein, except to the extent of that person's pecuniary interest.
- [F4]The price reported in Column 4 is a weighted average price, rounded to the nearest cent. These shares were purchased in multiple transactions at prices ranging from $1.90 to $1.99, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the SEC, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
- [F5]The price reported in Column 4 is a weighted average price, rounded to the nearest cent. These shares were purchased in multiple transactions at prices ranging from $1.92 to $1.99, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the SEC, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
- [F6]Consists of 4,790,362 shares held directly by Long Ball, 909,084 shares held directly by ICAM, and 460,900 shares held directly by ICGH2.
- [F7]Reflects shares directly beneficially owned by Mr. Reese.