SEC Form 4 · accession 0001123292-18-000392
ROSETTA STONE INC · RST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nicholas C Gaehde
Officer — President, Lexia Learning
Period of report
Feb 22, 2018
Accepted (ET)
Feb 26, 2018 · 8:38 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001351285
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Feb 22, 2018 | A | 15,213 | $0.00 | A | 71,257 | D | |
| Common StockF3,F2 | Feb 23, 2018 | F | 2,095 | $13.76 | D | 69,162 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares are subject to forfeiture restrictions that lapse one-quarter per annum beginning one year from February 22, 2018, the date of grant.
- F2Includes 50,605 shares of restricted common stock on which the restrictions have not yet lapsed.
- F3These shares were sold pursuant to company instructions to satisfy income tax obligations triggered by the lapsing of forfeiture restrictions with respect to shares of restricted stock.