X0306 4 2017-05-12 0 0001082506 Great Elm Capital Group, Inc. GEC 0001458693 Drapkin Matthew A C/O NORTHERN RIGHT CAPITAL MANAGEMENT 10 CORBIN DRIVE, 3RD FLOOR DARIEN CT 06820 1 0 0 0 Common Stock 2017-05-12 4 P 0 1136792 3.35 A 1136792 I See footnotes Represents shares of Common Stock, $0.001 Par Value (the "Common Stock"), of Great Elm Capital Group, Inc., a Delaware corporation (f/k/a Unwired Planet, Inc.) (the "Issuer") directly held by Northern Right Capital (QP), L.P. ("Northern Right"). Mr. Drapkin may be deemed to beneficially own such Common Stock as he is a member of BC Advisors, LLC, which is the general partner of Northern Right Capital Management, L.P., and Northern Right Capital Management, L.P. is the general partner of, and investment manager for, Northern Right. Mr. Drapkin disclaims beneficial ownership in such Common Stock except to the extent of his pecuniary interest therein /s/ Matthew A. Drapkin 2017-05-15