0000899243-19-014289.txt : 20190521 0000899243-19-014289.hdr.sgml : 20190521 20190521184418 ACCESSION NUMBER: 0000899243-19-014289 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190517 FILED AS OF DATE: 20190521 DATE AS OF CHANGE: 20190521 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Steinberg David J. CENTRAL INDEX KEY: 0001429076 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 814-01211 FILM NUMBER: 19843637 MAIL ADDRESS: STREET 1: C/O MAST CAPITAL MANAGEMENT, LLC STREET 2: 31 ST. JAMES AVENUE, 6TH FLOOR CITY: BOSTON STATE: MA ZIP: 02116 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Mast Capital Management, LLC CENTRAL INDEX KEY: 0001429074 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 814-01211 FILM NUMBER: 19843638 BUSINESS ADDRESS: STREET 1: 31 ST. JAMES AVENUE STREET 2: 6TH FLOOR CITY: BOSTON STATE: MA ZIP: 02116 BUSINESS PHONE: 617-375-3000 MAIL ADDRESS: STREET 1: 31 ST. JAMES AVENUE STREET 2: 6TH FLOOR CITY: BOSTON STATE: MA ZIP: 02116 FORMER NAME: FORMER CONFORMED NAME: Mast Capital Management LLC DATE OF NAME CHANGE: 20080306 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Great Elm Capital Corp. CENTRAL INDEX KEY: 0001675033 IRS NUMBER: 812621577 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 800 SOUTH STREET STREET 2: SUITE 230 CITY: WALTHAM STATE: MA ZIP: 02453 BUSINESS PHONE: 617-375-3006 MAIL ADDRESS: STREET 1: 800 SOUTH STREET STREET 2: SUITE 230 CITY: WALTHAM STATE: MA ZIP: 02453 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2019-05-17 0 0001675033 Great Elm Capital Corp. GECC 0001429074 Mast Capital Management, LLC 31 ST. JAMES AVENUE 6TH FLOOR BOSTON MA 02116 0 0 1 0 0001429076 Steinberg David J. 31 ST. JAMES AVENUE 6TH FLOOR BOSTON MA 02116 0 0 1 0 Common Stock 2019-05-17 4 S 0 5400 8.7221 D 1450108 I See footnotes Common Stock 2019-05-20 4 S 0 6200 8.8323 D 1443908 I See footnotes Common Stock 2019-05-21 4 S 0 6900 8.8485 D 1437008 I See footnotes Represents shares of Common Stock, $0.01 Par Value, of Great Elm Capital Corp., a Maryland corporation (the "Common Stock" and the "Issuer"), sold by the following Mast Accounts: (i) 5,400 shares of Common Stock sold by Mast Select Opportunities Master Fund, L.P. and (ii) 0 shares of Common Stock sold by Mast Admiral Master Fund, L.P. The price reported in Column 4 is not a weighted average price. These shares were sold in a single transaction at price of $8.7221 on May 17, 2019 Represents shares of Common Stock held directly by the Mast Accounts, for which MAST Capital is the investment manager, including: (i) 1,363,423 shares held by Mast Select Opportunities Master Fund, L.P and (ii) 86,685 shares held by Mast Admiral Master Fund, L.P. As the investment advisor of certain private investment funds (collectively, the "MAST Accounts"), including those disclosed herein, MAST Capital Management, LLC ("MAST Capital") may be deemed to be the beneficial owner of the shares of Common Stock held by the MAST Accounts disclosed herein. MAST Capital also has the right to an asset-based fee relating to the MAST Accounts. Pursuant to Rule 16a-1, MAST Capital disclaims such beneficial ownership, except to the extent of its pecuniary interest therein. Mr. Steinberg may also be deemed to beneficially own the shares of Common Stock beneficially owned (or deemed to be beneficially owned) by MAST Capital, as he is the principal of MAST Capital. Pursuant to Rule 16a-1, Mr. Steinberg disclaims such beneficial ownership, except to the extent of his pecuniary interest therein. Represents shares of Common Stock, $0.01 Par Value, of Great Elm Capital Corp., a Maryland corporation (the "Common Stock" and the "Issuer"), sold by the following Mast Accounts: (i) 6,200 shares of Common Stock sold by Mast Select Opportunities Master Fund, L.P. and (ii) 0 shares of Common Stock sold by Mast Admiral Master Fund, L.P. The price reported in Column 4 is not a weighted average price. These shares were sold in a single transaction at price of $8.8323 on May 20, 2019 Represents shares of Common Stock held directly by the Mast Accounts, for which MAST Capital is the investment manager, including: (i) 1,357,223 shares held by Mast Select Opportunities Master Fund, L.P and (ii) 86,685 shares held by Mast Admiral Master Fund, L.P. Represents shares of Common Stock, $0.01 Par Value, of Great Elm Capital Corp., a Maryland corporation (the "Common Stock" and the "Issuer"), sold by the following Mast Accounts: (i) 6,900 shares of Common Stock sold by Mast Select Opportunities Master Fund, L.P. and (ii) 0 shares of Common Stock sold by Mast Admiral Master Fund, L.P. The price reported in Column 4 is not a weighted average price. These shares were sold in a single transaction at price of $8.8485 on May 21, 2019 Represents shares of Common Stock held directly by the Mast Accounts, for which MAST Capital is the investment manager, including: (i) 1,350,323 shares held by Mast Select Opportunities Master Fund, L.P and (ii) 86,685 shares held by Mast Admiral Master Fund, L.P. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2), (7), and (10) to this Form 4. MAST CAPITAL MANAGEMENT, LLC, By: /s/ David J. Steinberg, Name: David J. Steinberg, Title: Authorized Signatory 2019-05-21 /s/ David J. Steinberg 2019-05-21