Hass A John 4
4 · ROSETTA STONE INC · Filed Mar 20, 2020
Insider Transaction Report
Form 4
Hass A John
Director
Transactions
- Tax Payment
Common Stock
2020-03-18$10.10/sh−12,804$129,320→ 514,242 total - Exercise/Conversion
Common Stock
2020-03-17+40,106→ 546,862 total - Tax Payment
Common Stock
2020-03-18$10.08/sh−14,252$143,660→ 532,610 total - Exercise/Conversion
Common Stock
2020-03-17+27,146→ 506,756 total - Tax Payment
Common Stock
2020-03-18$10.09/sh−5,564$56,141→ 527,046 total - Tax Payment
Common Stock
2020-03-18$10.09/sh−1,372$13,843→ 512,870 total - Exercise/Conversion
Performance Share Units
2020-03-17−27,146→ 0 totalExercise: $0.00→ Common Stock (27,146 underlying) - Exercise/Conversion
Performance Share Units
2020-03-17−40,106→ 0 totalExercise: $0.00→ Common Stock (40,106 underlying)
Footnotes (4)
- [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 46,948 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 Annual Incentive Program. These shares are subject to forfeiture restrictions that lapse at a rate of 1/2, 1/4 and 1/4 per year, respectively, beginning on March 17, 2018.
- [F4]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.