ROSETTA STONE INC 4
4 · ROSETTA STONE INC · Filed May 20, 2016
Insider Transaction Report
Form 4
Yankovich Steven P
Director
Transactions
- Award
Stock Option (right to buy)
2016-05-19+14,451→ 14,451 totalExercise: $7.70Exp: 2026-05-19→ Common Stock (14,451 underlying) - Award
Restricted Stock Unit
2016-05-19+12,987→ 24,771 total→ Common Stock (12,987 underlying)
Footnotes (5)
- [F1]The exercise price is equal to the closing price of the common stock of the Issuer on the New York Stock Exchange on May 19, 2016, the date of grant.
- [F2]Options vest at a rate of 1/4 per quarter over one year and become fully vested May 19, 2017.
- [F3]Each RSU represents the right to receive one share of common stock of the Issuer.
- [F4]RSUs vest at a rate of 1/4 per quarter and become fully vested on May 19, 2017. 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.
- [F5]Includes 14,901 shares of RSUs on which forfeiture restrictions have not yet lapsed.