-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, OknoFieXr9dRQXboJVZZhnUyaejcXSQgkbmqDiFY3btmW9Jm8dB/hpFhrheAveBx HSv5z6UBXZKaebNNS04exw== 0001081919-06-000003.txt : 20061205 0001081919-06-000003.hdr.sgml : 20061205 20061205134050 ACCESSION NUMBER: 0001081919-06-000003 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20061204 FILED AS OF DATE: 20061205 DATE AS OF CHANGE: 20061205 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: DECICCIO GERALD A CENTRAL INDEX KEY: 0001103162 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-25703 FILM NUMBER: 061256775 BUSINESS ADDRESS: BUSINESS PHONE: 7145497700 MAIL ADDRESS: STREET 1: 3151 AIRWAY AVENUE STREET 2: SUITE P-3 CITY: COSTA MESA STATE: CA ZIP: 92626 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: GTC TELECOM CORP CENTRAL INDEX KEY: 0001081919 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 880318246 STATE OF INCORPORATION: NV FISCAL YEAR END: 0630 BUSINESS ADDRESS: STREET 1: 3151 AIRWAY AVE STREET 2: SUITE P-3 CITY: COSTA MESA STATE: CA ZIP: 92626 BUSINESS PHONE: 714-549-7700 MAIL ADDRESS: STREET 1: 3151 AIRWAY AVE STREET 2: SUITE P-3 CITY: COSTA MESA STATE: CA ZIP: 92626 4 1 primary_doc.xml PRIMARY DOCUMENT X0202 4 2006-12-04 0 0001081919 GTC TELECOM CORP GTCC 0001103162 DECICCIO GERALD A 3151 AIRWAY AVENUE SUITE P-3 COSTA MESA CA 92626 1 1 0 0 Chief Financial Officer Incentive Stock Option 0.04 2006-12-04 4 A 0 150000 0 A Common Stock 150000 900000 D Options 0.04 2006-12-04 4 A 0 150000 0.04 A Common Stock 150000 1050000 D Issued pursuant to Issuer's Stock Incentive Plan Options vest (i) 1/3 when Company has $750,000 of monthly revenue, (ii) 1/3 when Company has $1,000,000 of monthly revenue, and (iii) 1/3 when the Company has $1,500,000 of monthly revenue /s/ Gerald DeCiccio 2006-12-05 -----END PRIVACY-ENHANCED MESSAGE-----