UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Employee Stock Option (right to buy) | Â (2) | 08/15/2023 | Common Stock | 9,421 | $ 15.91 (3) | D | Â |
Employee Stock Option (right to buy) | Â (4) | 02/14/2024 | Common Stock | 1,829 | $ 11.96 (5) | D | Â |
Employee Stock Option (right to buy) | Â (6) | 02/12/2025 | Common Stock | 3,771 | $ 9.78 (7) | D | Â |
Employee Stock Option (right to buy) | Â (8) | 02/19/2026 | Common Stock | 40,391 | $ 7.47 (9) | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Gaehde Nicholas C 1621 NORTH KENT STREET SUITE 1200 ARLINGTON, VA 22209 |
 |  |  President, Lexia Learning |  |
Sonia Galindo, Attorney-in-fact | 08/23/2017 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Includes 47,562 shares of restricted common stock on which forfeiture restrictions have not yet lapsed. |
(2) | Options vest over four years at a rate of 1/4 per year on the anniversary of the grant date, August 15, 2013. |
(3) | The exercise price is equal to the closing price of the common stock of the Issuer on the New York Stock Exchange on August 15, 2013, the date of grant. |
(4) | Options vest over four years at a rate of 1/4 per year on the anniversary of the grant date, February 14, 2014. |
(5) | The exercise price is equal to the closing price of the common stock of the Issuer on the New York Stock Exchange on February 14, 2014, the date of grant. |
(6) | Options vest over four years at a rate of 1/4 per year on the anniversary of the grant date, February 12, 2015. |
(7) | The exercise price is equal to the closing price of the common stock of the Issuer on the New York Stock Exchange on February 12, 2015, the date of grant. |
(8) | Options vest over four years at a rate of 1/4 per year on the anniversary of the grant date, February 19, 2016. |
(9) | The exercise price is equal to the closing price of the common stock of the Issuer on the New York Stock Exchange on February 19, 2016, the date of grant. |
 Remarks: Mr. Gaehde was designated a Section 16 Officer, effective August 21, 2017, by the Rosetta Stone Inc. Board of Directors on July 28, 2017. |