Great Elm Group, Inc. — Director's Dealing 2022

Sep 30, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Great Elm Group, Inc. (GEG)
CIK: 0001831096
Period of Report: 2022-09-28

Reporting Person: Reese Jason W. (Director, 10% Owner)
Reporting Person: Imperial Capital Asset Management, LLC (10% Owner)
Reporting Person: LONG BALL PARTNERS LLC (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-09-28	Common stock, par value $0.01 per share ("Common Stock")	P	5562	$2.00	Acquired	4941181	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	564902	Direct

Footnotes

F1: This purchase was effected pursuant to a Rule 10b5-1 Trading Plan established by Long Ball Partners, LLC ("Long Ball") on June 15, 2022.

F2: Consists of 3,571,197 shares held directly by Long Ball and 1,369,984 shares held directly by Imperial Capital Asset Management, LLC ("ICAM"). Mr. Reese is portfolio manager to Long Ball and is Chairman and Chief Executive Officer of ICAM, which is the managing member of and investment manager to Long Ball.

F3: Each of Mr. Reese, ICAM and Long Ball disclaims beneficial ownership of the securities reported herein, except to the extent of that person's pecuniary interest.

F4: Reflects shares directly beneficially owned by Mr. Reese.