SEC Form 4 · accession 0001457844-15-000013
ROSETTA STONE INC · RST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Judy Verses
Officer — Pres., Global Enterp. & Educ'n
Period of report
Oct 6, 2015
Accepted (ET)
Oct 8, 2015 · 5:35 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 | Oct 6, 2015 | S | 1,613 | $6.48 | D | 50,478 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The vesting of restricted stock triggers income tax withholding obligations of the Issuer that the Reporting Person is responsible to pay. These taxes are being paid by means of a sale of a portion of the restricted stock shares that are vesting in an amount sufficient to cover the Reporting Person's tax payment obligation.
- F2This transaction was executed in multiple trades at prices ranging from $6.48 to $6.4925 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.