Key facts
- This page summarizes Spruce House Partnership LLC's Form 4 filing for GTT Communications, Inc..
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 02 Sep 2021, 07:45.
Spruce House Partnership LLC - 31 Aug 2021 Form 4 Insider Report for GTT Communications, Inc.
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- N/A
- Reported as of
- 31 Aug 2021
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 02 Sep 2021, 07:45:14 UTC
- Prior SEC filing
- 11 Jun 2021
- Next SEC filing
- 09 Dec 2021
- Source filing
- View source filing
- Reporting owner signature
- THE SPRUCE HOUSE PARTNERSHIP LLC: By: The Spruce House Partnership (QP) LP, member; By: Spruce House Capital LLC, its general partner; By: /s/ Tom Walker, President, Treasurer and Secretary
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Spruce House Partnership LLC filed Form 4 for GTT Communications, Inc. on 02 Sep 2021.
Change
- Previous filing in this sequence was filed on 11 Jun 2021.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
GTT
transaction
Common Stock
Other
- Transaction value
- $0
- Shares
- -15,875,000
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 31 Aug 2021
- Ownership
- Direct
- Footnotes
- F1, F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
On August 31, 2021, The Spruce House Partnership LLC (the "Fund") entered into a Stock Transfer Agreement by and between the Issuer and the Fund. Pursuant to the Stock Transfer Agreement, the Fund, for no consideration, immediately upon the execution thereof, irrevocably transferred, assigned, conveyed and delivered to the Issuer (1) all of its right, title and interest in 1,376,370 shares of the Fund's shares of the Issuer's common stock and (2) any and all economic rights and interests associated with the Fund's remaining 14,498,630 shares of the Issuer's common stock (the "Remaining Shares") but retained its right, title and interest in any voting rights associated with the Remaining Shares.
Footnote F2
The reported securities are held in the account of 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 members of the Fund, The Spruce House Partnership (AI) LP and The Spruce House Partnership (QP) LP (together, the "Fund Members"), the general partner of the Fund Members, 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").
Footnote F3
Each of the Investment Manager, the Fund Members, 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, the Fund Members, the Investment Manager, the General Partner and the Managing Members affirmatively disclaim being a "group" for purposes of Section 16 of the Securities Exchange Act of 1934, as amended.