SEC Form 4 · accession 0001351285-18-000040
ROSETTA STONE INC · RST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George A Logue
Director
Period of report
Mar 5, 2018
Accepted (ET)
Mar 7, 2018 · 6:03 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001351285
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F2 | — | Mar 5, 2018 | A | 1,222 | A | — | — | Common Stock | 1,222 | 1,222 | D |
| Stock Option (right to buy)F3,F4 | $13.72 | Mar 5, 2018 | A | 1,692 | A | — | Mar 5, 2028 | Common Stock | 1,692 | 1,692 | D |
Explanation of responses
- F1Each RSU represents the right to receive one share of common stock of the Issuer.
- F2RSUs were prorated for services to be rendered during the one-year period ending May 19, 2018 and will become fully vested on May 19, 2018. Delivery of the shares entitled to the Reporting Person will be made upon the Reporting Person's separation from service to the Board of Directors.
- F3The exercise price is equal to the closing price of the common stock of the Issuer on the New York Stock Exchange on March 5, 2018, the date of grant.
- F4Options were prorated for services to be rendered during the one-year period ending May 19, 2018 and will become fully vested May 19, 2018.