FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Stein Benjamin Forester
2. Issuer Name and Ticker or Trading Symbol

GTT Communications, Inc. [ GTT ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    __X__ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)

SPRUCE HOUSE INVESTMENT MANAGEMENT LLC, 435 HUDSON STREET, 8TH FLOOR
3. Date of Earliest Transaction (MM/DD/YYYY)

6/30/2020
(Street)

NEW YORK, NY 10014
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $.0001 per share 6/30/2020  A(1)  2145 A$8.16 17056 D  
Common Stock, par value $.0001 per share         15875000 I (2)By Spruce House Partnership LP 
Common Stock, par value $.0001 per share 7/1/2020  A(3)  21985 A$0 39041 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares

Explanation of Responses:
(1) Shares issued in lieu of cash compensation for service on the Company's Board of Directors
(2) The reported securities are held in the account of The Spruce House Partnership LP (the "Fund"). The reporting person is a managing member of Spruce House Capital LLC (the "General Partner"), the general partner of the Fund, and Spruce House Investment Management LLC (the "Investment Manager"), the investment manager of the Fund. The reporting person disclaims beneficial ownership of the reported securities held by the Fund, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is, for purposes of Section 16 or for any other purpose, the beneficial owner of such securities.
(3) On July 1, 2020 the reporting person was granted 21,985 Restricted Stock Awards ("RSAs") pursuant to the GTT Stock Compensation Plan. Theses shares will vest in whole on June 30, 2021.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Stein Benjamin Forester
SPRUCE HOUSE INVESTMENT MANAGEMENT LLC
435 HUDSON STREET, 8TH FLOOR
NEW YORK, NY 10014
XX


Signatures
/s/ Benjamin Stein7/6/2020
**Signature of Reporting PersonDate

GTT Communications (NYSE:GTT)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more GTT Communications Charts.
GTT Communications (NYSE:GTT)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more GTT Communications Charts.