FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

STUART JOHN EDWARD
2. Issuer Name and Ticker or Trading Symbol

Great Elm Capital Corp. [ GECC ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)

C/O GREAT ELM CAPITAL CORP., 800 SOUTH STREET, SUITE 230
3. Date of Earliest Transaction (MM/DD/YYYY)

9/28/2020
(Street)

WALTHAM, MA 02453
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 9/28/2020  X  5773 (1)A$2.95 15871 D  
Common Stock         4641 I By John E. Stuart GST Trust 
Common Stock         2202 I By Mary E. Stuart 2011 Grantor Trust 
Common Stock         953 I By Michele G. Stuart 
Common Stock         53 I By Full Circle Investments LLC 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Subscription Rights $2.95 9/28/2020  X     5773  9/8/2020 9/28/2020 Common Stock 5773 $0.00 0 D  

Explanation of Responses:
(1) On September 28, 2020, the Reporting Person exercised certain of his primary subscription rights (each 1 subscription right entitling him to purchase 1 share of Common Stock), which were issued to holders of Common Stock on the September 4, 2020 record date for the rights offering.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
STUART JOHN EDWARD
C/O GREAT ELM CAPITAL CORP.
800 SOUTH STREET, SUITE 230
WALTHAM, MA 02453
X



Signatures
/s/ Adam M. Kleinman, as Attorney-in-Fact for Reporting Person10/1/2020
**Signature of Reporting PersonDate

Great Elm Capital (NASDAQ:GECC)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more Great Elm Capital Charts.
Great Elm Capital (NASDAQ:GECC)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more Great Elm Capital Charts.