Filing Details
- Accession Number:
- 0001179110-12-000691
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2012-01-11 19:18:15
- Reporting Period:
- 2011-11-09
- Filing Date:
- 2012-01-11
- Accepted Time:
- 2012-01-11 19:18:15
- 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. 7919 North Lynn Street, Th Floor Arlington VA 22209 | Chief Financial 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 | Disposition | 2011-11-09 | 10,744 | $7.16 | 89,256 | No | 4 | S | Direct | |
Common Stock | Acquisiton | 2012-01-09 | 134,561 | $0.00 | 223,817 | No | 4 | A | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct | |
No | 4 | A | Direct |
Footnotes
- On November 9, 2011 forfeiture restrictions lapsed with respect to 33,334 shares of the 100,000 shares of restricted common stock issued to Mr. Swad on November 9, 2010 in accordance with the Executive Employment Agreement entered into between Mr. Swad and the Issuer. Pursuant to default instructions, 10,744 shares of common stock were sold to satisfy applicable employment and federal and state income tax obligations triggered by the lapsing of such restrictions.
- This transaction was executed in multiple trades at prices ranging from $7.16 to $7.30. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff or security holder of the issuer full information regarding the number of shares and prices at which the transaction was affected.
- These shares are subject to forfeiture restrictions that lapse one-half per annum beginning one year from January 1, 2012.