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Filing Details

Accession Number:: 0001140361-22-026541
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2022-07-20 20:16:11
Reporting Period:: 2022-07-18

Accepted Time:: 2022-07-20 20:16:11
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1831096	Great Elm Group Inc.	GEG	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1458693	A Matthew Drapkin	C/O Northern Right Capital Management Lp 9 Old Kings Highway, 4Th Floor Darien CT 06820		No	No	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2022-07-18	1,087	$2.00	1,448,470	No	4	P	Indirect	See Footnote
Common Stock	Acquisiton	2022-07-18	345	$2.00	102,194	No	4	P	Indirect	See Footnote
Common Stock	Acquisiton	2022-07-18	1,850	$2.00	1,646,653	No	4	P	Indirect	See Footnote
Common Stock	Acquisiton	2022-07-20	1,203	$1.98	1,449,673	No	4	P	Indirect	See Footnote
Common Stock	Acquisiton	2022-07-20	388	$1.98	102,582	No	4	P	Indirect	See Footnote
Common Stock	Acquisiton	2022-07-20	2,067	$1.98	1,648,720	No	4	P	Indirect	See Footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	See Footnote
No	4	P	Indirect	See Footnote
No	4	P	Indirect	See Footnote
No	4	P	Indirect	See Footnote
No	4	P	Indirect	See Footnote
No	4	P	Indirect	See Footnote

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	276,711	Direct

Footnotes

Represents shares of common stock held directly by Northern Right Capital (QP), L.P., a Texas limited partnership ("Northern Right QP").
Represents shares of common stock held directly by NRC Partners I, L.P. ("NRC Partners").
Represents shares of common stock purchased managed accounts (the "Managed Accounts") on behalf of certain investment advisory clients of Northern Right Capital Management, L.P. ("Northern Right Management").
As general partner and investment manager of NRC Partners and Northern Right QP, Northern Right Capital Management, L.P. ("Northern Right Management") may be deemed to be the beneficial owner of the shares of common stock held by NRC Partners and Northern Right QP. As the investment manager of the Managed Accounts, Northern Right Management may also be deemed to be the beneficial owner of the shares of common stock held by the Managed Accounts. As general partner of Northern Right Management, BC Advisors, LLC, a Texas limited liability company ("BCA") may be deemed to be the beneficial owner of the shares of common stock beneficially owned (or deemed beneficially owned) by Northern Right Management. As the managing member of BCA, the Reporting Person may be deemed to be the beneficial owner of the shares of common stock beneficially owned (or deemed beneficially owned) by BCA.
(continued from footnote 4) The Reporting Person disclaims such beneficial ownership of the shares of common stock indirectly owned through his position with BCA, except to the extent of his pecuniary interest therein.
As a result of a ministerial error made by the broker for the Reporting Person, in the Form 4 filed by the Reporting Person on June 13, 2022 (the "June 13 Form 4") to report shares of common stock of GEG acquired by the Reporting Person on June 9, 2022, the amount of securities acquired and the amount of securities directly and indirectly beneficially owned following the reported transaction were incorrectly reported as 237,637 and 3,092,921, respectively. The correct amount of securities acquired and the correct amount of securities directly and indirectly beneficially owned following the reported transaction reported in the June 13 Form 4 should have been 237,367 and 3,092,651, respectively.
(continued from footnote 6) The broker's error was corrected in the Form 4 filed by the Reporting Person on June 16, 2022, wherein the amount of securities directly and indirectly beneficially owned following the reported transactions reflects the correct number of shares of common stock of GEG beneficially owned by the Reporting Person as of the date thereof. The amounts reported in this Form 4 also reflect the correction to the broker's error and are accurate as of the date hereof.