WALKER KATHRYN EBERLE 4
4 · ROSETTA STONE INC · Filed Nov 15, 2019
Insider Transaction Report
Form 4
WALKER KATHRYN EBERLE
Director
Transactions
- Award
Restricted Stock Unit
2019-11-13+2,588→ 2,588 total→ Common Stock (2,588 underlying) - Award
Stock Option (right to buy)
2019-11-13+4,437→ 4,437 totalExercise: $14.60Exp: 2029-11-13→ Common Stock (4,437 underlying)
Footnotes (4)
- [F1]Each RSU represents the right to receive one share of common stock of the Issuer.
- [F2]RSUs vest at a rate of 1/2 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]The exercise price is equal to the closing price of the common stock of the Issuer on the New York Stock Exchange on November 13, 2019, the date of grant.
- [F4]Options vest at a rate of 1/2 per quarter and become fully vested May 20, 2020.