SEC Form 4 · accession 0001019687-15-000851

Great Elm Capital Group, Inc. · GEC

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Executive Vice President

Period of report

Apr 1, 2013

Accepted (ET)

Mar 5, 2015 · 9:41 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001082506

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Common Stock^F1,F2	Apr 1, 2013	F	22,344	$2.12	D	777,656	D
Common Stock^F3,F2	Jul 1, 2013	F	22,343	$1.93	D	755,313	D
Common Stock^F3,F2	Sep 30, 2013	F	17,093	$1.73	D	738,220	D
Common Stock^F3,F2	Dec 31, 2013	F	17,093	$1.38	D	721,127	D
Common Stock^F3,F2	Mar 31, 2014	F	18,134	$2.17	D	702,993	D
Common Stock^F3,F2	Jun 30, 2014	F	17,093	$2.23	D	685,900	D
Common Stock^F3,F2	Sep 30, 2014	F	17,093	$1.86	D	668,807	D
Common Stock^F3,F2	Dec 31, 2014	F	17,093	$1.00	D	651,714	D

No Table II lines on this filing.

F1These shares were forfeited, pursuant to the terms of the grant agreement, in lieu of payment of tax liability in connection with the vesting of one quarterly installment of 62,500 Restricted Stock Units ("RSUs") granted to the Reporting Person under the Issuer's Amended and Restated 2006 Stock Incentive Plan (the "Plan"), but were incorrectly included in the total beneficial ownership of the Reporting Person. These shares are part of the previously reported grant of RSUs under the Plan, which vest in equal quarterly installments over a three year period.
F2The number of shares forfeited by the Reporting Person is based on the closing price of the Issuer's common stock on the Transaction Date reported above, which was the vesting date of such RSUs.
F3These shares were forfeited, pursuant to the terms of the grant agreement, in lieu of payment of tax liability in connection with the vesting of one quarterly installment of 62,500 RSUs granted to the Reporting Person under the Plan.