Matthew A. Drapkin - Nov 13, 2023 Form 4 Insider Report for Great Elm Group, Inc. (GEG)

Role
Director, 10%+ Owner
Signature
/s/ Adam M. Kleinman, attorney-in-fact
Stock symbol
GEG
Transactions as of
Nov 13, 2023
Transactions value $
$443,548
Form type
4
Date filed
11/15/2023, 08:47 PM
Previous filing
Jun 6, 2023
Next filing
Jan 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GEG Common Stock Purchase $24K +12.3K +0.59% $1.95 2.1M Nov 13, 2023 See Footnote F1, F3, F4
transaction GEG Common Stock Purchase $4.15K +2.13K +0.11% $1.95 1.88M Nov 13, 2023 See Footnote F2, F3, F4
transaction GEG Common Stock Purchase $314K +158K +7.5% $1.99 2.26M Nov 14, 2023 See Footnote F1, F3, F4
transaction GEG Common Stock Purchase $55.4K +27.9K +1.48% $1.99 1.91M Nov 14, 2023 See Footnote F2, F3, F4
transaction GEG Common Stock Purchase $39.5K +19.9K +0.88% $1.99 2.28M Nov 15, 2023 See Footnote F1, F3, F4
transaction GEG Common Stock Purchase $6.97K +3.51K +0.18% $1.99 1.91M Nov 15, 2023 See Footnote F2, F3, F4
holding GEG Common Stock 425K Nov 13, 2023 Direct
* 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 held directly by Northern Right Capital (QP), L.P., a Texas limited partnership ("Northern Right QP").
F2 Represents shares of common stock purchased by managed accounts (the "Managed Accounts") on behalf of certain investment advisory clients of Northern Right Capital Management, L.P. ("Northern Right Management").
F3 As general partner and investment manager of 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 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.
F4 (continued from footnote 3) 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.