Filing Details

Accession Number:
0001209191-19-059763
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-12-09 18:05:25
Reporting Period:
2019-12-05
Accepted Time:
2019-12-09 18:05:25
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
1389653 Spruce House Partnership Lp C/O Spruce House Capital Llc
435 Hudson Street, 8Th Floor
New York NY 10014
No No Yes No
1472167 Spruce House Capital Llc 435 Hudson Street
8Th Floor
New York NY 10014
No No Yes No
1543170 Spruce House Investment Management Llc 435 Hudson Street
8Th Floor
New York NY 10014
No No Yes No
1679333 Zachary Sternberg Spruce House Investment Management Llc
435 Hudson Street, 8Th Floor
New York NY 10014
No No Yes No
1679335 Forester Benjamin Stein Spruce House Investment Management Llc
435 Hudson Street, 8Th Floor
New York NY 10014
Yes 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, Par Value $.0001 Per Share Acquisiton 2019-12-05 162,200 $10.30 15,237,200 No 4 P Direct
Common Stock, Par Value $.0001 Per Share Acquisiton 2019-12-06 17,800 $10.95 15,255,000 No 4 P Direct
Common Stock, Par Value $.0001 Per Share Acquisiton 2019-12-09 60,965 $11.31 15,315,965 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 P Direct
No 4 P Direct
Footnotes
  1. This transaction was executed in multiple trades at prices ranging from $9.9700 to $10.5100. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
  2. The 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.
  3. This transaction was executed in multiple trades at prices ranging from $10.6600 to $11.0000. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
  4. This transaction was executed in multiple trades at prices ranging from $11.1350 to $11.3500. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.