Gaehde Nicholas C 4
4 · ROSETTA STONE INC · Filed Mar 20, 2020
Insider Transaction Report
Form 4
Gaehde Nicholas C
President, Lexia Learning
Transactions
- Exercise/Conversion
Common Stock
2020-03-17+12,982→ 98,566 total - Tax Payment
Common Stock
2020-03-18$10.08/sh−542$5,463→ 98,024 total - Tax Payment
Common Stock
2020-03-18$10.09/sh−3,876$39,109→ 94,148 total - Exercise/Conversion
Performance Share Units
2020-03-17−12,982→ 0 totalExercise: $0.00→ Common Stock (12,982 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 24,217 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.