SHAH PRAGNESH N 4
4 · ROSETTA STONE INC · Filed Nov 23, 2012
Insider Transaction Report
Form 4
SHAH PRAGNESH N
President, Global Consumer
Transactions
- Sale
Common Stock
2012-11-20$12.94/sh−543$7,026→ 9,801 total
Footnotes (2)
- [F1]543 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 1,701 shares of 6,803 shares of restricted common stock issued to Mr. Shah on December 9, 2011 in accordance with the Executive Employment Agreement entered into between Mr. Shah and the Issuer.
- [F2]Includes 8,643 shares of restricted common stock on which the restrictions have not yet lapsed.