Filing Details

Accession Number:
0001209191-19-019153
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-03-13 16:26:16
Reporting Period:
2019-03-11
Accepted Time:
2019-03-13 16:26:16
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
1641165 Sean M. Hartford C/O Rosetta Stone Inc.
1621 North Kent Street, Suite 1200
Arlington VA 22209
Principal Accounting Officer No 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 Acquisiton 2019-03-11 942 $9.78 13,897 No 4 M Direct
Common Stock Acquisiton 2019-03-11 10,578 $15.69 24,475 No 4 M Direct
Common Stock Acquisiton 2019-03-11 2,164 $7.47 26,639 No 4 M Direct
Common Stock Disposition 2019-03-11 13,684 $21.67 12,955 No 4 S Direct
Common Stock Disposition 2019-03-11 3,304 $21.80 9,651 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (right to buy) Disposition 2019-03-11 10,578 $0.00 10,578 $15.69
Common Stock Stock Option (right to buy) Disposition 2019-03-11 2,164 $0.00 2,164 $7.47
Common Stock Stock Option (right to buy) Disposition 2019-03-11 942 $0.00 942 $9.78
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2023-06-16 No 4 M Direct
2,163 2026-02-19 No 4 M Direct
0 2025-02-12 No 4 M Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Performance Share Units $0.00 3,380 3,380 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
3,380 3,380 Direct
Footnotes
  1. This transaction was executed in multiple trades at prices ranging from $21.39 to $21.87 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.
  2. Includes 9,651 shares of restricted common stock on which the restrictions have not yet lapsed.
  3. Options are fully vested.
  4. Options shall vest at a rate of one-quarter per annum, beginning one year from February 19, 2016, the date of grant.
  5. Represents shares earned based on performance under the Company's 2017-2018 Long-Term Incentive Program. These shares are subject to forfeiture restrictions that lapse at a rate of 50% on March 17, 2019 and 50% on March 17, 2020. These shares were reported originally in Table I on the reporting person's Form 4 filed February 25, 2019 but have been moved to Table II herein to align with how the shares are reflected in the issuer's equity reporting system.