SEC Form 4 · accession 0001351285-17-000071
ROSETTA STONE INC · RST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Nierenberg
Director
Period of report
Jun 2, 2017
Accepted (ET)
Jun 6, 2017 · 8:46 pm EDT
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,F3 | Jun 2, 2017 | S | 25,424 | $12.06 | D | 813,437 | I | By The D3 Family Bulldog Fund, LP |
| Common StockF1,F2,F3 | Jun 2, 2017 | S | 1,985 | $12.06 | D | 61,001 | I | By The DIII Offshore Fund, LP |
| Common StockF1,F4,F3 | Jun 5, 2017 | S | 27,309 | $12.03 | D | 786,128 | I | By The D3 Family Bulldog Fund, LP |
| Common StockF1,F4,F3 | Jun 5, 2017 | S | 2,080 | $12.03 | D | 58,921 | I | By The DIII Offshore Fund, LP |
| Common StockF3 | holding | — | — | — | 321,177 | I | By The D3 Family Fund, LP |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were sold pursuant to standard rebalancing due to the applicable Funds' practices.
- F2This transaction was executed in multiple trades at an average price of $12.06 per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or security holder of the issuer, full information regarding the number of shares sold at each transaction.
- F3The reporting person disclaims ownership of these securities except to the extent of the reporting person's pecuniary interest therein.
- F4This transaction was executed in multiple trades at an average price of $12.03 per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or security holder of the issuer, full information regarding the number of shares sold at each transaction.