SEC Form 4 · accession 0001628434-15-000002
ROSETTA STONE INC · RST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Caroline J Tsay
Director
Period of report
Jun 12, 2015
Accepted (ET)
Jun 16, 2015 · 7:30 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001351285
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F1,F2 | $8.50 | Jun 12, 2015 | A | 10,608 | A | — | Jun 11, 2025 | Common Stock | 10,608 | 10,608 | D |
| Restricted Stock UnitF3,F4 | — | Jun 12, 2015 | A | 11,177 | A | — | — | Common Stock | 11,177 | 13,317 | D |
Explanation of responses
- F1The exercise price is equal to the closing price of the common stock of the Issuer on the New York Stock Exchange on June 12, 2015, the date of grant.
- F2Options vest at a rate of 1/4 per quarter over one year, and become fully vested on June 11, 2016.
- F3Each RSU represents the right to receive one share of common stock of the Issuer.
- F4RSUs vest at a rate of 1/4 per quarter, and become fully vested on June 11, 2016. Delivery of the shares entitled to the Reporting Person will be made after the Reporting Person's separation from service to the Board of Directors.
Remarks
Exhibit 24 - Limited Power of Attorney