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
  1. 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.
  2. 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."
  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. (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.