SEC Form 4 · accession 0001315255-18-000097
GTT Communications, Inc. · GTT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard Calder
Officer — President and CEO · Director
Period of report
Jul 1, 2018
Accepted (ET)
Jul 12, 2018 · 10:07 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001315255
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $.0001 per share | Jul 1, 2018 | A | 10,000 | $0.00 | A | 1,228,501 | D | |
| Common Stock, par value $.0001 per share | Jul 1, 2018 | A | 10,000 | $0.00 | A | 1,238,501 | D | |
| Common Stock, par value $.0001 per share | Jul 9, 2018 | F | 1,312 | $46.60 | D | 1,237,189 | D | |
| Common Stock, par value $.0001 per share | holding | — | — | — | 495,481 | I | By Rick Calder LLC Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Twenty-five percent (25%) of this restricted stock vests on July 1, 2019, and the remainder vests in equal quarterly installments beginning on October 1, 2019.
- F2A performance grant of 10,000 shares was issued. These shares will vest upon achievement of certain business metrics.
- F3Transaction 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."