Filing Details

Accession Number:
0001447387-13-000054
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-09-12 17:44:49
Reporting Period:
2013-09-10
Filing Date:
2013-09-12
Accepted Time:
2013-09-12 17:44:49
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1315255 Global Telecom & Technology Inc. GTT Telephone Communications (No Radiotelephone) (4813) 202096338
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1287649 Carlo J Cannell 310 E. Pearl Street, P.o. Box 3459
Jackson WY 83001
No No Yes 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 Disposition 2013-09-10 300 $4.50 3,458,796 No 4 S Indirect By partnerships and corporations
Common Stock Disposition 2013-09-11 100 $4.50 3,458,696 No 4 S Indirect By partnerships and corporations
Common Stock Disposition 2013-09-12 400 $4.50 3,458,296 No 4 S Indirect By partnerships and corporations
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By partnerships and corporations
No 4 S Indirect By partnerships and corporations
No 4 S Indirect By partnerships and corporations
Footnotes
  1. As of September 12, 2013, Tristan Offshore Fund Limited ("Tristan Offshore"), Tristan Partners, L.P. ("Tristan"), The Cuttyhunk Master Portfolio ("Cutty"), Tonga Partners, L.P. ("Tonga"), and Tonga Partners QP, L.P. ("Tonga QP" and collectively with Tristan Offshore, Tristan, Cutty, and Tonga, the "Funds") owned in the aggregate (i) 3,458,696 shares of common stock, with par value of $0.0001 per share of Global Telecom & Technology, Inc. ("the Company")
  2. Mr. J. Cannell is the sole managing member of Cannell Capital LLC. Cannell Capital LLC acts as the investment adviser to Tristan Offshore and Cutty, and is the general partner of and investment adviser to Tristan, Tonga, and Tonga QP. a result, Mr. Cannell possesses sole power to vote and direct the disposition of all securities of the Company held by the Funds. Thus, for the purposes of Reg. Section 240.13d-3, as of September 12, 2013 Mr. Cannell is deemed to beneficially own 3,458,696 shares. Mr. Cannell's interest in the securities reported herein is limited to the extent of his pecuniary interest in each of the Funds, if any. None of the Funds has a position larger than 5.0% of the shares outstanding of Global Telecom & Technology, Inc.