Filing Details

Accession Number:
0001397915-14-000005
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-02-28 17:43:44
Reporting Period:
2014-02-26
Filing Date:
2014-02-28
Accepted Time:
2014-02-28 17:43:44
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1351285 Rosetta Stone Inc RST Services-Prepackaged Software (7372) 043837082
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1397915 M Stephen Swad C/O Rosetta Stone Inc.
1919 North Lynn Street, 7Th Floor
Arlington VA 22209
Ceo And President Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2014-02-26 1,697 $11.41 281,204 No 4 S Indirect By trust
Common Stock Disposition 2014-02-28 4,708 $11.44 276,496 No 4 S Indirect By trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By trust
No 4 S Indirect By trust
Footnotes
  1. 1,697 shares of common stock were sold pursuant to default instructions to satisfy income tax obligations triggered by the lapsing of forfeiture restrictions with respect to 3,409 shares of 13,633 shares of restricted common stock issued to Mr. Swad on February 21, 2013.
  2. Shares held of record by Stephen M. Swad Revocable Living Trust.
  3. 4,708 shares of common stock were sold pursuant to default instructions to satisfy income tax obligations triggered by the lapsing of forfeiture restrictions with respect to 12,125 shares of 48,500 shares of restricted common stock issued to Mr. Swad on February 22, 2012.
  4. This transaction was executed in multiple trades at prices ranging from $11.4087 to 11.4625 per share. The price reported above reflects 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 and prices at which the transaction was effected.
  5. Includes 77,116 shares of restricted common stock on which the restrictions have not yet lapsed.