X0306 4 2021-01-21 0 0001675033 Great Elm Capital Corp. GECC 0001498701 STUART JOHN EDWARD C/O GREAT ELM CAPITAL CORP. 800 SOUTH STREET, SUITE 230 WALTHAM MA 02453 1 0 0 0 Common Stock 2021-01-21 4 A 0 330 0.00 A 17202 D Common Stock 2021-01-21 4 A 0 97 0.00 A 5073 I By John E. Stuart GST Trust Common Stock 2021-01-21 4 A 0 40 0.00 A 2383 I By Mary E. Stuart 2011 Grantor Trust Common Stock 53 I By Full Circle Investments LLC Common Stock 2021-01-21 4 A 0 18 0.00 A 1034 I By Michele G. Stuart Shares acquired as a result of a stock dividend. /s/ Adam M. Kleinman, as Attorney-in-Fact for Reporting Person 2021-01-26