SEC Form 4 · accession 0001397915-15-000009
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 20, 2015
Accepted (ET)
Feb 24, 2015 · 6:16 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,F3 | Feb 20, 2015 | S | 3,838 | $9.60 | D | 361,962 | I | By Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F13,838 shares of common stock were sold pursuant to company instructions to satisfy income tax obligations triggered by the lapsing of forfeiture restrictions with respect to 10,661 shares of restricted common stock.
- F2Includes 66,455 shares of restricted common stock for which forfeiture restrictions have not yet lapsed.
- F3Shares held by Stephen M. Swad Revocable Living Trust.