ROSETTA STONE INC 4
4 · ROSETTA STONE INC · Filed Jun 16, 2015
Insider Transaction Report
Form 4
WITT LAURA
Director10% Owner
Transactions
- Award
Restricted Stock Unit
2015-06-12+6,471→ 24,471 total→ Common Stock (6,471 underlying) - Award
Stock Option (right to buy)
2015-06-12+14,465→ 14,465 totalExercise: $8.50Exp: 2025-06-11→ Common Stock (14,465 underlying)
Footnotes (4)
- [F1]The exercise price is equal to the closing price of the common stock of the Issuer on the New York Stock Exchange on June 12, 2015, the date of grant.
- [F2]Options vest at a rate of 1/4 per quarter over one year, and become fully vested on June 11, 2016.
- [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 June 11, 2016. Delivery of the shares entitled to the Reporting Person will be made after the Reporting Person's separation from service to the Board of Directors.