UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): May 29, 2019
GTT COMMUNICATIONS, INC.
(Exact Name of Registrant as Specified in its Charter)
Delaware |
| 001- 35965 |
| 20-2096338 |
(State or Other Jurisdiction of Incorporation) |
| (Commission File Number) |
| (I.R.S. Employer Identification No.) |
7900 Tysons One Place
Suite 1450
McLean, VA 22102
(Address of Principal Executive Offices) (Zip Code)
Registrant’s Telephone Number, Including Area Code: (703) 442-5500
N/A
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions (See General Instruction A.2. below):
oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company o
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Title of each class: |
| Trading Symbol(s) |
| Name of each exchange on which registered: |
Common Stock, par value $.0001 per share |
| GTT |
| New York Stock Exchange |
Item 5.07 Submission of Matters to a Vote of Security Holders.
At our 2019 Annual Meeting of Stockholders held on May 29, 2019, our stockholders voted on four proposals:
1. To elect ten nominees set forth in the 2019 Proxy Statement to the Board of Directors, to serve for a one-year term expiring at the 2020 Annual Meeting or until their successors are duly elected and qualified or their earlier resignation or removal;
2. To approve a non-binding advisory resolution approving the compensation of our named executive officers;
3. To ratify the appointment of CohnReznick LLP as our independent registered public accounting firm for the current fiscal year ending December 31, 2019; and
4. To hold a non-binding advisory vote on the frequency of future stockholder advisory votes on the compensation of our named executive officers.
At the close of business on April 1, 2019, the record date for the determination of stockholders entitled to vote at the Annual Meeting, there were 56,279,604 shares of our common stock issued and outstanding and entitled to vote at the Annual Meeting.
The final vote tabulation for the proposals presented at the Annual Meeting, as received from American Stock Transfer in its capacity as the independent inspector of elections, is as follows:
The holders of 55,432,482 shares of our common stock were represented in person or by proxy at the Annual Meeting, constituting a quorum.
1. Election of Directors. At the Annual Meeting, each of the persons identified below was elected as a director, with the final voting results as specified below.
Nominee for Director |
| Votes For |
| Votes Withheld |
| Broker-Non Votes |
|
Richard D. Calder, Jr. |
| 43,804,724 |
| 76,272 |
| 7,504,362 |
|
H. Brian Thompson |
| 43,792,655 |
| 88,341 |
| 7,504,362 |
|
S. Joseph Bruno |
| 43,499,024 |
| 381,972 |
| 7,504,362 |
|
Rhodric C. Hackman |
| 43,637,339 |
| 243,657 |
| 7,504,362 |
|
Howard E. Janzen |
| 43,518,594 |
| 362,402 |
| 7,504,362 |
|
Nick Adamo |
| 43,714,952 |
| 166,044 |
| 7,504,362 |
|
Theodore B. Smith, III |
| 42,068,488 |
| 1,812,508 |
| 7,504,362 |
|
Elizabeth Satin |
| 43,854,710 |
| 26,286 |
| 7,504,362 |
|
Julius Erving |
| 43,265,485 |
| 615,511 |
| 7,504,362 |
|
Benjamin Stein |
| 43,840,808 |
| 40,188 |
| 7,504,362 |
|
2. Advisory vote on executive compensation. The stockholders approved on a non-binding advisory basis the compensation of our named executive officers by the votes set forth in the table below.
Voted For |
| Voted Against |
| Abstain |
| Broker Non-Votes |
|
37,630,456 |
| 6,245,937 |
| 4,602 |
| 7,504,363 |
|
3. Ratification of independent registered public accounting firm. The stockholders voted to ratify the appointment of CohnReznick LLP as our independent registered public accounting firm for the current fiscal year ending December 31, 2019 by the vote set forth below.
Voted For |
| Voted Against |
| Abstain |
| Broker Non-Votes |
|
51,000,169 |
| 109,255 |
| 275,933 |
| 0 |
|
4. Frequency of periodic advisory votes on executive compensation. The stockholders voted upon a non-binding advisory proposal as to the frequency with which the non-binding stockholder vote to approve the compensation of our named executive officers should be conducted as set forth in the table below.
Every 1 Year |
| Every 2 Years |
| Every 3 Years |
| Abstain |
| Broker Non-Votes |
|
43,002,207 |
| 7,724 |
| 865,016 |
| 6,048 |
| 7,504,363 |
|
In light of the voting results on Proposal 4 indicated above, our Board of Directors decided that we will hold an advisory vote on the compensation of named executive officers every year. We will continue to hold annual advisory votes until the next advisory vote on the frequency of the advisory votes.
[signature page follows]
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| GTT COMMUNICATIONS, INC. | |
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Dated: June 3, 2019 | By: | /s/ Chris McKee |
|
| Chris McKee |
|
| General Counsel and Secretary |