SEC Form 4 · accession 0001351285-18-000042
ROSETTA STONE INC · RST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
M. Sean Hartford
Other
Period of report
Mar 12, 2018
Accepted (ET)
Mar 14, 2018 · 5:37 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 | Mar 12, 2018 | S | 2,652 | $13.92 | D | 15,496 | D | |
| Common Stock | Mar 12, 2018 | M | 2,956 | $11.96 | A | 18,452 | D | |
| Common Stock | Mar 12, 2018 | M | 943 | $9.78 | A | 19,395 | D | |
| Common Stock | Mar 12, 2018 | M | 2,164 | $7.47 | A | 21,559 | D | |
| Common StockF2,F3 | Mar 12, 2018 | S | 6,063 | $13.84 | D | 15,496 | 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)F4 | $11.96 | Mar 12, 2018 | A | 2,956 | D | — | Feb 13, 2024 | Common Stock | 2,956 | 0 | D |
| Employee Stock Option (right to buy)F5 | $9.78 | Mar 12, 2018 | A | 943 | D | — | Feb 12, 2025 | Common Stock | 943 | 942 | D |
| Employee Stock Option (right to buy)F6 | $7.47 | Mar 12, 2018 | A | 2,164 | D | — | Feb 19, 2026 | Common Stock | 2,164 | 4,327 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $13.90 to $13.93 per share. The price reported above reflects the weighted average sale price. 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 and prices at which the transaction was effected.
- F2This transaction was executed in multiple trades at prices ranging from $13.82 to $13.89 per share. The price reported above reflects the weighted average sale price. 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 and prices at which the transaction was effected.
- F3Includes 11,999 shares of restricted common stock on which the restrictions have not yet lapsed.
- F4Options vested at a rate of one-quarter per annum, beginning one year from February 14, 2014, the date of grant.
- F5Options shall vest at a rate of one-quarter per annum, beginning one year from February 12, 2015, the date of grant.
- F6Options shall vest at a rate of one-quarter per annum, beginning one year from February 19, 2016, the date of grant.