SEC Form 4 · accession 0001549271-15-000013
ROSETTA STONE INC · RST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas M Pierno
Officer — Chief Financial Officer
Period of report
May 6, 2015
Accepted (ET)
May 8, 2015 · 4:00 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 6, 2015 | S | 1,393 | $7.33 | D | 54,091 | 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 3,750 shares of restricted stock.
- F2This transaction was executed in multiple trades at prices ranging from $7.31 to $7.33 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.