SEC Form 4 · accession 0001351285-16-000090
ROSETTA STONE INC · RST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas M Pierno
Officer — Chief Financial Officer
Period of report
Feb 23, 2016
Accepted (ET)
Feb 26, 2016 · 5:26 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 23, 2016 | S | 3,213 | $7.21 | D | 68,950 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares were sold pursuant to company instructions to satisfy income tax obligations triggered by the lapsing of forfeiture restrictions with respect to 8,365 shares of restricted stock.
- F2This transaction was executed in multiple trades at prices ranging from $7.2000 to $7.2200 per share. The price reported above is the weighted average sale price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer, or security holder of the issuer, full information regarding the number of shares sold at each separate price.