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Rosetta Stone Inc (RST): Roumell Asset Management Decreases Its Stake

Page 3 of 8 – SEC Filing

 

1.
Name of Reporting Person.
I.R.S. Identification Nos. of above persons (entities only).
James C. Roumell (“Roumell”)
2.
Check the Appropriate Box if a Member of a Group
(c) o
(d) o
3.
SEC Use Only
4.
Citizenship or Place of Organization
U.S.A.
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With:
5.
Sole Voting Power
720,624*
6.
Shared Voting Power
422,444**
7.
Sole Dispositive Power
720,624*
8.
Shared Dispositive Power
422,444**
9.
Aggregate Amount Beneficially Owned by Each Reporting Person
1,143,068**
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares
o Not Applicable
11.
Percent of Class Represented by Amount in Row (9)
Approximately 5.2% (based on the 21,919,136 shares of common stock outstanding as of April 29, 2016, as reported on the Issuer’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2016).
12.
Type of Reporting Person
IN
  * Includes 705,624 shares held by the Fund.  See Item 6 for more information.
   
 
**
Roumell is the President of RAM and holds a controlling percentage of its outstanding voting securities and, as a result of his position with and ownership of securities of RAM, Roumell could be deemed the beneficial owner of the shares held by RAM.

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