SEC Form 4 · accession 0001209191-19-013081
ROSETTA STONE INC · RST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
A John Hass
Officer — President & CEO · Director
Period of report
Feb 21, 2019
Accepted (ET)
Feb 25, 2019 · 5:15 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 | Feb 21, 2019 | A | 80,255 | $0.00 | A | 546,469 | D | |
| Common StockF2 | Feb 21, 2019 | A | 19,854 | $0.00 | A | 566,323 | D | |
| Common StockF3,F4 | Feb 22, 2019 | A | 36,048 | $0.00 | A | 602,371 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares earned based on performance under the Company's 2017-2018 Long-Term Incentive Program. These shares are subject to forfeiture restrictions that lapse at a rate of 50% on March 17, 2019 and 50% on March 17, 2020.
- F2These shares are subject to forfeiture restrictions that lapse 1/12 per month over twelve months beginning March 21, 2019.
- F3Represents shares earned based on performance under the Company's 2018 Annual Incentive Program. These shares are subject to forfeiture restrictions that lapse at a rate of 1/2, 1/4 and 1/4 annually, respectively, beginning on February 22, 2019.
- F4Includes 228,209 shares of restricted common stock on which the restrictions have not yet lapsed.