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
  1. 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.
  2. 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.
  3. These shares are subject to forfeiture restrictions that lapse one-half per annum beginning one year from January 1, 2012.