Franklin Laurence 4
4 · ROSETTA STONE INC · Filed May 22, 2019
Insider Transaction Report
Form 4
Franklin Laurence
Director
Transactions
- Award
Restricted Stock Unit
2019-05-20+3,508→ 58,586 total→ Common Stock (3,508 underlying) - Award
Stock Option (right to buy)
2019-05-20+5,076→ 5,076 totalExercise: $25.66Exp: 2029-05-20→ Common Stock (5,076 underlying)
Footnotes (3)
- [F1]Each RSU represents the right to receive one share of common stock of the Issuer.
- [F2]RSUs vest at a rate of 1/4 per quarter and become fully vested on May 20, 2020. Delivery of the shares entitled to the Reporting Person will be made upon the Reporting Person's separation from service to the Board of Directors.
- [F3]Options vest at a rate of 1/4 per quarter over one year and become fully vested May 20, 2020.