0001209191-19-013118.txt : 20190225 0001209191-19-013118.hdr.sgml : 20190225 20190225173827 ACCESSION NUMBER: 0001209191-19-013118 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190221 FILED AS OF DATE: 20190225 DATE AS OF CHANGE: 20190225 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: PIERNO THOMAS M CENTRAL INDEX KEY: 0001549271 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34283 FILM NUMBER: 19630759 MAIL ADDRESS: STREET 1: C/O ROSETTA STONE INC. STREET 2: 1919 NORTH LYNN STREET, 7TH FLOOR CITY: ARLINGTON STATE: VA ZIP: 22209 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ROSETTA STONE INC CENTRAL INDEX KEY: 0001351285 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 043837082 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1621 NORTH KENT STREET STREET 2: SUITE 1200 CITY: ARLINGTON STATE: VA ZIP: 22209 BUSINESS PHONE: 703-387-5800 MAIL ADDRESS: STREET 1: 1621 NORTH KENT STREET STREET 2: SUITE 1200 CITY: ARLINGTON STATE: VA ZIP: 22209 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2019-02-21 0 0001351285 ROSETTA STONE INC RST 0001549271 PIERNO THOMAS M C/O ROSETTA STONE INC. 1621 NORTH KENT STREET, SUITE 1200 ARLINGTON VA 22209 0 1 0 0 Chief Financial Officer Common Stock 2019-02-21 4 A 0 2110 0.00 A 114013 D Common Stock 2019-02-21 4 A 0 422 0.00 A 114435 D Common Stock 2019-02-21 4 A 0 8438 0.00 A 122873 D Common Stock 2019-02-21 4 A 0 17138 0.00 A 140011 D Common Stock 2019-02-22 4 F 0 1452 15.05 D 138559 D In order to better align the interests of the Company's executive officers with shareholders and to conserve cash, 25% of the executive's 2018 annual incentive award was paid in shares of the Company's common stock. These shares are subject to forfeiture restrictions that will lapse on February 21, 2020. These shares are subject to forfeiture restrictions that lapse one-quarter per annum beginning one year from February 21, 2019, the date of grant. 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. 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. Includes 72,668 shares of restricted common stock on which the restrictions have not yet lapsed. /s/ Sonia Galindo, Attorney-in-fact 2019-02-25