0001315255-17-000132.txt : 20171103 0001315255-17-000132.hdr.sgml : 20171103 20171103100805 ACCESSION NUMBER: 0001315255-17-000132 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20171030 FILED AS OF DATE: 20171103 DATE AS OF CHANGE: 20171103 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Calder Richard CENTRAL INDEX KEY: 0001308564 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35965 FILM NUMBER: 171174933 MAIL ADDRESS: STREET 1: 1010 WISCONSIN AVE STREET 2: SUITE 600 CITY: WASHINGTON STATE: DC ZIP: 20007 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: GTT Communications, Inc. CENTRAL INDEX KEY: 0001315255 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 202096338 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 7900 TYSONS ONE PLACE STREET 2: SUITE 1450 CITY: MCLEAN STATE: VA ZIP: 22102 BUSINESS PHONE: (703) 442-5500 MAIL ADDRESS: STREET 1: 7900 TYSONS ONE PLACE STREET 2: SUITE 1450 CITY: MCLEAN STATE: VA ZIP: 22102 FORMER COMPANY: FORMER CONFORMED NAME: Global Telecom & Technology, Inc. DATE OF NAME CHANGE: 20061018 FORMER COMPANY: FORMER CONFORMED NAME: Mercator Partners Acquisition Corp. DATE OF NAME CHANGE: 20050124 4 1 wf-form4_150971807112358.xml FORM 4 X0306 4 2017-10-30 0 0001315255 GTT Communications, Inc. GTT 0001308564 Calder Richard C/O GTT COMMUNICATIONS, INC. 7900 TYSONS ONE PLACE, SUITE 1450 MCLEAN VA 22102 1 1 0 0 President and CEO Common Stock, par value $.0001 per share 2017-11-01 4 S 0 10000 36.3286 D 1113679 D Common Stock, par value $.0001 per share 2017-10-30 4 A 0 160000 35.35 A 1273679 D Common Stock, par value $.0001 per share 495481 I By Rick Calder LLC Trust Open market sale pursuant to a 10b5-1 trading plan adopted by the Reporting Person on November 11, 2016 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, pursuant to which a maximum of 120,000 shares were made available for sale. The Performance grant of 160,000 shares consists of four different financial targets: (1) 40,000 shares will begin vesting once the Company achieves $1.5 billion in annualized revenue (2) 40,000 shares will begin vesting upon achievement of $2 billion in annualized revenue (3) 40,000 shares will begin vesting upon achievement of $400 million in annualized Adjusted EBITDA and (4) 40,000 shares will begin vesting upon achievement of $550 million in annualized Adjusted EBITDA. Upon achievement of financial target (1) and (3) the applicable shares will vest quarterly (in equal amounts) over a 2 year period. Upon achievement of financial target (2) and (4) the applicable shares will vest quarterly (in equal amounts) over a 1 year period. For any performance metrics not achieved by the end of 2021, those specific performance grant portions will expire and those shares are forfeited; time vesting after achieving performance metrics may extend beyond the end of 2021. /s/ Richard Calder 2017-11-02