Filing Details
- Accession Number:
- 0001315255-18-000132
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-08-17 19:20:46
- Reporting Period:
- 2018-08-16
- Accepted Time:
- 2018-08-17 19:20:46
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1315255 | Gtt Communications Inc. | GTT | Telephone Communications (No Radiotelephone) (4813) | 202096338 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1408073 | Chris Mckee | C/O Gtt Communications, Inc. 7900 Tysons One Place, Suite 1450 Mclean VA 22102 | General Counsel And Evp | No | 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 | 2018-08-16 | 756 | $40.00 | 416,266 | No | 4 | F | Direct | |
Common Stock, Par Value $.0001 Per Share | Acquisiton | 2018-08-16 | 1,619 | $40.00 | 416,266 | No | 4 | M | Direct | |
Common Stock, Par Value $.0001 Per Share | Disposition | 2018-08-16 | 2,211 | $40.05 | 414,055 | No | 4 | S | Direct | |
Common Stock, Par Value $.0001 Per Share | Disposition | 2018-08-16 | 3,104 | $0.00 | 37,720 | No | 4 | G | Indirect | By Chris McKee LLC Trust |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | F | Direct | |
No | 4 | M | Direct | |
No | 4 | S | Direct | |
No | 4 | G | Indirect | By Chris McKee LLC Trust |
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 | 2018-08-16 | 932 | $0.00 | 932 | $13.40 |
Common Stock, Par Value $.0001 Per Share | Incentive Stock Option (Right to Buy) | Acquisiton | 2018-08-16 | 687 | $0.00 | 687 | $18.19 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2026-02-16 | No | 4 | M | Direct | |
0 | 2025-04-09 | No | 4 | M | Direct |
Footnotes
- 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."
- Open market sale pursuant to a 10b5-1 trading plan adopted by the Reporting Person on November 13, 2017 as amended August 13,2018 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934. as amended, pursuant to which a maximum of 84,000 shares were made available for sale.
- Chris McKee LLC Trust gifted 3,104 shares to charity. The Reporting Person is the trustee of the Chris McKee LLC Trust, which is the direct beneficial owner of the shares.
- The option vests over four years. Twenty-five percent (25%) of the option vests on February 16, 2017, and the remainder vests in equal quarterly installments beginning on May 16, 2017.
- The option vests over four years. Twenty-five percent (25%) of the option vests on April 9, 2016, and the remainder vests in equal quarterly installments beginning on July 9, 2016.