PC Elfun LLC 3
3 · Great Elm Group, Inc. · Filed Feb 20, 2025
Insider Transaction Report
Form 3
PC Elfun LLC
10% Owner
Holdings
5.00% Convertible Senior PIK Notes due 2030 ("Notes")
From: 2020-02-26Exp: 2030-02-26→ Common Stock (3,201,368 underlying)
Footnotes (4)
- [F1]The maturity date is February 26, 2030.
- [F2]The reported securities represent common shares issuable upon conversion of Notes acquired by the Reporting Person on February 26, 2020, which became a right to acquire more than 10% of the Issuer's common stock as a result of Issuer stock repurchases and the corresponding decrease in outstanding shares as disclosed in the Issuer's periodic report on Form 10-Q filed on February 5, 2025.
- [F3]The conversion price is as of any time, $1,000, divided by the conversion rate as of such time.
- [F4]PC Elfun LLC is managed by Pine Crest Capital LLC, which is jointly owned by Michael Hughes and Daniel J. Hopkins.