Filing Details
- Accession Number:
- 0001315255-16-000202
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-09-06 15:58:23
- Reporting Period:
- 2016-09-01
- Filing Date:
- 2016-09-06
- Accepted Time:
- 2016-09-06 15:58:23
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1315255 | Gtt Communications Inc. | GTT | () | 4 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1308564 | Richard Calder | C/O Gtt Communications, Inc. 7900 Tysons One Place, Suite 1450 Mclean VA 22102 | President And Ceo | Yes | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock, Par Value $.0001 Per Share | Disposition | 2016-09-01 | 10,000 | $21.23 | 1,323,890 | No | 4 | S | Direct | |
Common Stock, Par Value $.0001 Per Share | Acquisiton | 2016-09-01 | 1,875 | $20.91 | 1,323,890 | No | 4 | M | Direct | |
Common Stock, Par Value $.0001 Per Share | Acquisiton | 2016-09-01 | 1,470 | $20.91 | 1,323,890 | No | 4 | M | Direct | |
Common Stock, Par Value $.0001 Per Share | Disposition | 2016-09-01 | 12,726 | $20.91 | 1,311,164 | No | 4 | F | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct | |
No | 4 | M | Direct | |
No | 4 | M | Direct | |
No | 4 | F | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock, Par Value $.0001 Per Share | Incentive Stock Option (Right to Buy) | Acquisiton | 2016-09-01 | 1,875 | $0.00 | 1,875 | $3.30 |
Common Stock, Par Value $.0001 Per Share | Incentive Stock Option (Right to Buy) | Acquisiton | 2016-09-01 | 1,470 | $0.00 | 1,470 | $12.75 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2023-04-04 | No | 4 | M | Direct | |
0 | 2024-03-05 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock, Par Value $.0001 Per Share | 411,765 | Indirect | By Rick Calder LLC Trust |
Footnotes
- Open market sale pursuant to a 10b5-1 trading plan adopted by the Reporting Person on November 10, 2015 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, pursuant to which a maximum of 120,000 shares were made available for sale.
- Transaction code F is for "payment of tax liability by withholding securities incident to the vesting of a security issued in accordance with Rule 16b-3."
- The option vests over four years. Twenty-five percent (25%) of the option vests on April 4, 2014, and the remainder vests in equal quarterly installments beginning on July 4, 2014.
- (4) The option vests over four years. Twenty-five percent (25%) of the option vests on March 5, 2015, and the remainder vests in equal quarterly installments beginning on June 5, 2015.