SEC Form 4 · accession 0001351285-17-000073
ROSETTA STONE INC · RST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
M. Sean Hartford
Other
Period of report
Jun 6, 2017
Accepted (ET)
Jun 8, 2017 · 5:26 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 Stock | Jun 6, 2017 | M | 2,164 | $7.47 | A | 18,348 | D | |
| Common Stock | Jun 6, 2017 | M | 1,886 | $9.78 | A | 20,234 | D | |
| Common Stock | Jun 6, 2017 | S | 4,050 | $11.91 | D | 16,184 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1 | $7.47 | Jun 6, 2017 | M | 2,164 | D | Feb 19, 2017 | Feb 19, 2026 | Common Stock | 2,164 | 6,491 | D |
| Employee Stock Option (right to buy)F2 | $9.78 | Jun 6, 2017 | M | 1,886 | D | — | Feb 12, 2025 | Common Stock | 1,886 | 1,885 | D |
Explanation of responses
- F1Options vest at a rate of one-quarter per annum, beginning one year from February 19, 2016, the date of grant. The exercised options vested on February 19, 2017.
- F2Options vest at a rate of one-quarter per annum, beginning one year from February 12, 2015, the date of grant. The exercised options vested on February 12, 2016 and February 12, 2017.