Filing Details

Accession Number:
0000899243-20-014801
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-06-01 21:31:25
Reporting Period:
2020-05-29
Accepted Time:
2020-06-01 21:31:25
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1082506 Great Elm Capital Group Inc. GEC Services-Prepackaged Software (7372) 943219054
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1308057 Long Ball Partners Llc C/O Imperial Capital Asset Management
10100 Santa Monica Blvd., Suite 2400
Los Angeles CA 90067
No No Yes No
1479613 W. Jason Reese C/O Imperial Capital Asset Management
10100 Santa Monica Blvd., Suite 2400
Los Angeles CA 90067
Yes No Yes No
1805378 Imperial Capital Asset Management, Llc 10100 Santa Monica Blvd., Suite 2400
Los Angeles CA 90067
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, Par Value $0.001 Per Share Acquisiton 2020-05-29 5,000 $2.35 2,329,312 No 4 P Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See footnote
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock, Par Value $0.001 Per Share 36,517 Indirect See footnote
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.25 to $2.38, 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.
  2. 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.
  3. Mr. Reese was awarded 36,517 restricted shares that vest commencing April 10, 2020, with 3,502 shares vesting immediately and of the remaining amount, 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.