Form 4 for GECC Great Elm Capital Corp.
Accepted 2022-06-17 00:00:00 ET · period of report 2022-06-15 · accession 0001140361-22-023496 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-06-17 | 2022-06-15 | GECC | Great Elm Group, Inc. | 10% | J - Other | $12.50 | +185.9K | 1.81M | +11% | +$2.32M |
| DI | 2022-06-17 | 2022-06-15 | GECC | Great Elm Group, Inc. | 10% | J - Other | $12.50 | +400.0K | 400.1K | +363,627% | +$5.00M |
| D | 2022-06-17 | 2022-06-15 | GECC | Great Elm Group, Inc. | 10% | M - OptEx | $12.50 | +814.1K | 1.63M | +100% | +$10.18M |
| DI | 2022-06-17 | 2022-06-15 | GECC | Great Elm Group, Inc. | 10% | M - OptEx | $12.50 | +100 | 200 | +100% | +$1,250 |
| DI | 2022-06-17 | 2022-06-15 | GECC | Great Elm Group, Inc. | 10% | M - OptEx | $0.00 | -400.0K | 0 | -100% | $0 |
| D | 2022-06-17 | 2022-06-15 | GECC | Great Elm Group, Inc. | 10% | M - OptEx | $0.00 | -1.00M | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-06-15 | J | A | 185,889 | $12.50 | 1,814,111 | D Forest Investments, Inc. | — | — | (F2) Reflects additional shares of Common Stock acquired by GEG in connection with the Issuer's rights offering pursuant to the over-subscription privilege. (F5) Represents shares of common stock of GECC held directly by Forest. As the parent of Forest, GEG may be deemed to be the beneficial owner of the shares of common stock beneficially owned (or deemed beneficially owned) by Forest. |
| 2 | Common | Common Stock | 2022-06-15 | J | A | 399,990 | $12.50 | 400,100 | I | — | — | (F4) Reflects additional shares of Common Stock acquired by Forest in connection with the Issuer's rights offering pursuant to the over-subscription privilege. |
| 3 | Common | Common Stock | 2022-06-15 | M | A | 814,111 | $12.50 | 1,628,222 | D Forest Investments, Inc. | — | — | (F1) On June 15, 2022, the Reporting Person exercised in full its primary subscription rights (each 1 subscription right entitling it to purchase 1 share of Common Stock), which were issued to holders of Common Stock on the May 23, 2022 record date for the rights offering. (F5) Represents shares of common stock of GECC held directly by Forest. As the parent of Forest, GEG may be deemed to be the beneficial owner of the shares of common stock beneficially owned (or deemed beneficially owned) by Forest. |
| 4 | Common | Common Stock | 2022-06-15 | M | A | 100 | $12.50 | 200 | I | — | — | (F3) On June 15, 2022, Forest Investments, Inc. ("Forest") exercised in full its primary subscription rights (each 1 subscription right entitling Forest to purchase 1 share of Common Stock), which were issued to holders of Common Stock on the May 23, 2022 record date for the rights offering. |
| 5 | Derivative | Subscription Rights | 2022-06-15 | M | D | 400,000 | $0.00 | 0 | I | $12.50 · 2022-05-26 to 2022-06-10 | 400,000 Common Stock | |
| 6 | Derivative | Subscription Rights | 2022-06-15 | M | D | 1,000,000 | $0.00 | 0 | D Forest Investments, Inc. | $12.50 · 2022-05-26 to 2022-06-10 | 1,000,000 Common Stock |