SEC Form 4 · accession 0001397915-15-000007
ROSETTA STONE INC · RST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen M Swad
Officer — CEO and President · Director
Period of report
Feb 12, 2015
Accepted (ET)
Feb 13, 2015 · 4:52 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 12, 2015 | A | 52,147 | $0.00 | A | 365,800 | I | By Trust |
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)F2,F3,F4 | $9.78 | Feb 12, 2015 | A | 199,470 | A | — | Feb 12, 2025 | Common Stock | 199,470 | 199,470 | I |
Explanation of responses
- F1Includes 129,263 shares of restricted common stock on which forfeiture restrictions have not yet lapsed.
- F2Held by Stephen M. Swad Revocable Living Trust.
- F3The exercise price is equal to the closing price of the common stock of the Issuer on the New York Stock Exchange on February 12, 2015, the date of grant.
- F4Options shall vest at a rate of one-quarter per annum, beginning one year from February 12, 2015, the date of grant.