X0306 4/A 2015-12-04 2015-12-15 0 0001082506 Great Elm Capital Group, Inc. GEC 0001643733 Reed Peter A C/O GREAT ELM CAPITAL GROUP, INC. 800 SOUTH STREET, SUITE 230 WALTHAM MA 02453 1 1 0 0 Chief Executive Officer Common Stock 2015-12-04 4 A 0 8333 0.00 A 8333 D The Reporting Person was awarded restricted stock units that vested in full on December 4, 2016 upon the Reporting Persons continued service as a member of the board of directors of the Issuer. The Form 4 filed on December 15, 2015 contained a typographical error that inadvertently stated the value of the award as the number of shares awarded resulting in an overstatement in the number of shares that were granted to the Reporting Person. This amendment corrects the error to reflect the number of shares actually granted. As a result of the typographical error the amount of securities beneficially owned was also incorrectly reported in the Form 4 filed November 7, 2016, the Form 4 filed January 4, 2017 (and later amended on May 19, 2017) and the Form 4 filed on November 13, 2017. /s/ Richard S Chernicoff, Attorney-in-Fact for Reporting Person 2017-11-14