Hartford M. Sean 4
4 · ROSETTA STONE INC · Filed Mar 26, 2019
Insider Transaction Report
Form 4
Hartford M. Sean
Principal Accounting Officer
Transactions
- Tax Payment
Common Stock
[F1][F2]2019-03-22$21.46/sh−537$11,524→ 10,802 total
Holdings
- 1,689
Performance Share Units
[F3]Exercise: $0.00→ Common Stock (1,689 underlying)
Footnotes (3)
- [F1]These shares were sold pursuant to company instructions to satisfy income tax obligations triggered by the lapsing of forfeiture restrictions with respect to shares of restricted stock.
- [F2]Includes 9,651 shares of restricted common stock on which the restrictions have not yet lapsed.
- [F3]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.
Signature
/s/ Sonia Galindo, Attorney-in-fact|2019-03-26