SEC Form 4 · accession 0001351285-17-000015
ROSETTA STONE INC · RST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sonia Galindo
Officer — General Counsel & Secretary
Period of report
Feb 22, 2017
Accepted (ET)
Feb 24, 2017 · 4:58 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, 2017 | A | 30,429 | $0.00 | A | 60,797 | D | |
| Common StockF3,F2 | Feb 23, 2017 | S | 1,074 | $7.6317 | D | 59,723 | 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, 2017, the date of grant.
- F2Includes 53,516 shares of restricted common stock on which forfeiture restrictions have not yet lapsed.
- F3This number represents shares of Common Stock sold to satisfy the income tax obligation due upon the vesting of 2,761 shares of restricted stock relating to a grant dated February 19, 2016, based upon prior designated instructions.