SEC Form 4 · accession 0001493152-18-014102
GTT Communications, Inc. · GTT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
SPRUCE HOUSE PARTNERSHIP LP
10% Owner
Spruce House Capital LLC
10% Owner
Zachary Sternberg
10% Owner
Benjamin Forester Stein
10% Owner
Period of report
Oct 2, 2018
Accepted (ET)
Oct 4, 2018 · 5:31 pm 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 $.001 per shareF1 | Oct 2, 2018 | P | 105,000 | $44.0978 | A | 9,717,067 | D | |
| Common Stock, par value $.001 per shareF1 | Oct 4, 2018 | P | 282,933 | $44.1086 | A | 10,000,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reported securities are held in the account of The Spruce House Partnership LP (the "Fund"), a private investment fund managed by Spruce House Investment Management LLC (the "Investment Manager"), and may be deemed to be beneficially owned by the Investment Manager, the general partner of the Fund, Spruce House Capital LLC (the "General Partner"), and by Zachary Sternberg and Benjamin Stein, managing members of the Investment Manager and the General Partner (the "Managing Members"). Each of the Investment Manager, the General Partner and the Managing Members disclaim beneficial ownership of the reported securities held by the Fund, except to the extent of his or its pecuniary interest therein. The Fund, Investment Manager, the General Partner and the Managing Members (collectively, the "Reporting Persons") affirmatively disclaim being a "group" for purposes of Section 16 of the Securities Exchange Act of 1934, as amended.