SEC Form 4 · accession 0001398116-15-000007
ROSETTA STONE INC · RST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
A John Hass
Officer — Interim Pres. & CEO · Director
Period of report
May 7, 2015
Accepted (ET)
May 11, 2015 · 4:31 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,F2 | May 7, 2015 | S | 1,710 | $7.21 | D | 43,890 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares were sold pursuant to company instructions to satisfy income tax obligations triggered by the lapsing of forfeiture restrictions with respect to 3,800 shares of restricted stock.
- F2This transaction was executed in multiple trades at prices ranging from $7.19 to $7.51 per share. The price reported above is 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 sold at each separate price.