X0306 4/A 2021-01-05 2021-01-06 0 0001831096 Great Elm Group, Inc. GEG 0001479613 Reese Jason W. C/O IMPERIAL CAPITAL ASSET MANAGEMENT 10100 SANTA MONICA BLVD., SUITE 2400 LOS ANGELES CA 90067 1 0 1 0 0001805378 Imperial Capital Asset Management, LLC 10100 SANTA MONICA BLVD., SUITE 2400 LOS ANGELES CA 90067 0 0 1 0 0001308057 LONG BALL PARTNERS LLC C/O IMPERIAL CAPITAL ASSET MANAGEMENT 10100 SANTA MONICA BLVD., SUITE 2400 LOS ANGELES CA 90067 0 0 1 0 Common stock, par value $0.001 per share 2021-01-05 4 A 0 15909 0.00 A 89740 D Common stock, par value $0.001 per share 2329312 I See footnote Jason Reese was awarded 15,909 restricted shares that fully vested on the grant date, January 5, 2021. This Common Stock is held directly by Long Ball Partners, LLC ("Long Ball"). Mr. Reese is portfolio manager to Long Ball and is Chairman and Chief Executive Officer of Imperial Capital Asset Management, LLC ("ICAM"), which is the managing member of and investment manager to Long Ball. Each of Mr. Reese and ICAM disclaims beneficial ownership of the securities held by Long Ball except to the extent of that person's pecuniary interest therein. Each of Long Ball and ICAM disclaims beneficial ownership of the securities held by Mr. Reese. Mr. Reese is a director and Executive Co-Chairman of the Issuer. The Reporting Persons are jointly filing this Form 4. As of December 29, 2020, Great Elm Group, Inc. ("GEG") became the successor issuer to, and parent holding company of, Forest Investments, Inc., a Delaware corporation ("Forest"), formerly known as Great Elm Capital Group, Inc., pursuant to a holding company reorganization in which all of Forest's outstanding shares were automatically converted into equivalent corresponding shares of GEG. On January 6, 2021, the Reporting Persons filed a Form 4 (the "Original Form 4"), which inadvertently included Forest's CIK number, name and ticker symbol instead of GEG's CIK number, name and ticker symbol. This amendment is being filed to amend the Original Form 4 to include the correct CIK number, name and ticker symbol. Long Ball Partners, LLC, By: Imperial Capital Asset Management, LLC, its Managing Member, By: /s/ Jason Reese, Chairman & CEO 2021-01-29 Imperial Capital Asset Management, LLC, By: /s/ Jason Reese, Chairman & CEO 2021-01-29 Jason Reese, /s/ Jason Reese 2021-01-29