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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (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) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Units | (3) | (3) | (3) | Common Stock | 2,740 | 2,740 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
JOBSON CHARLES E 265 FRANKLIN STREET SUITE 903 BOSTON, MA 02110 |
X | X | ||
DELTA PARTNERS LP 265 FRANKLIN STREET SUITE 903 BOSTON, MA 02110 |
Affiliate | |||
Delta Advisors, LLC 265 FRANKLIN STREET SUITE 903 BOSTON, MA 02110 |
Affiliate | |||
Delta Partners GP, LLC 265 FRANKLIN STREET SUITE 903 BOSTON, MA 02110 |
Affiliate |
Charles Jobson1 | 01/03/2019 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Reporting Person, Delta Partners, LP, is the investment manager for private funds, Delta Growth Master Fund LP and Delta Growth Partners, LP, and is deemed to have beneficial ownership. Delta Growth Partners, LP, through master fund Delta Growth Master Fund, LP, the actual owner of the shares, made a pro rata distribution for no consideration of an aggregate amount of 6,200 shares of Common Stock of the Issuer to its partners as of December 31, 2018. Each of Delta Partners, LP, Delta Advisors, LLC, Delta Partners, GP, LLC and Charles Jobson disclaims Section 16 beneficial ownership except to the extent, if any, of their pecuniary interest. |
(2) | In connection with the distribution described in Footnote (1), Reporting Person Charles Jobson received an aggregate of 2,746 shares of Common Stock of the Issuer making his direct ownership 2,014,109 shares, which includes 208,333 common shares held by the Jobson Family Foundation, an entity controlled by Mr. Jobson. Reporting Person, Delta Advisors, LLC, received an aggregate of 2,618 shares of Common Stock making its direct ownership 5,468 shares. Charles Jobson, a member of the Board of Directors of the Issuer, is the principal of Delta Partners and managing member of Delta Partners GP, and Delta Advisors and can be deemed to have investment discretion. |
(3) | Each restricted stock unit represents a contingent right to receive one share of GTIM common stock. The restricted stock unit will vest 1/3 per year over three years from the grant date. |