SEC Form 4 · accession 0001397915-15-000011
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
Mar 2, 2015
Accepted (ET)
Mar 4, 2015 · 5:39 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 | Mar 2, 2015 | S | 7,633 | $10.29 | D | 354,329 | I | By Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F17,633 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 15,533 shares of restricted common stock.
- F2Includes 103,069 shares of restricted common stock for which forfeiture restrictions have not yet lapsed.
- F3Shares held by Stephen M. Swad Revocable Living Trust.