Northern Right Capital Management, L.P. - Jun 15, 2022 Form 3 Insider Report for Great Elm Capital Corp. (GECC)

Role
Member of 13D 10% Group, 10%+ Owner
Signature
Northern Right Capital Management, L.P., By: BC Advisors, LLC, its general partner, By: /s/ Matthew A. Drapkin, Matthew A. Drapkin, Authorized Signatory
Stock symbol
GECC
Transactions as of
Jun 15, 2022
Transactions value $
$0
Form type
3
Date filed
6/27/2022, 05:31 PM
Previous filing
Jun 16, 2022
Next filing
Jul 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding GECC Common Stock 369K Jun 15, 2022 See Footnote F1, F4, F5
holding GECC Common Stock 209K Jun 15, 2022 See Footnote F2, F4, F5
holding GECC Common Stock 220K Jun 15, 2022 See Footnote F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock purchased by certain investment advisory clients (collectively, the "Managed Accounts") of Northern Right Capital Management, L.P. ("Northern Right Management"). Northern Right Management acts as investment manager for the Managed Accounts.
F2 Represents shares of common stock purchased by NRC Partners I, LP ("NRC Partners I").
F3 Represents shares of common stock purchased by Northern Right Capital (QP), L.P. ("Northern Right QP").
F4 As general partner and investment manager of NRC Partners I and Northern Right QP, Northern Right Management may be deemed to be the beneficial owner of the securities held by NRC Partners I 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 securities held by the Managed Accounts. As general partner of Northern Right Management, BC Advisors, LLC may be deemed to be the beneficial owner of the securities beneficially owned (or deemed beneficially owned) by Northern Right Management.
F5 (continued from footnote 4) Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein that may be beneficially owned by any of the other Reporting Persons, in each case except to the extent of any pecuniary interest therein, and this report shall not be deemed an admission that any such entity or person is the beneficial owner of or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

Remarks:

The Reporting Persons are jointly filing this Form 3.