8-K


UNITED STATES

SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): March 10, 2016

Rosetta Stone Inc.
(Exact name of registrant as specified in its charter)

Delaware
 
001-34283
 
43837082
(State or Other Jurisdiction
of Incorporation)
 
(Commission File Number)
 
(IRS Employer
Identification Number)

1919 North Lynn St., 7th Fl., Arlington, Virginia 22209
(Address of principal executive offices, including zip code)

703-387-5800
(Registrant’s telephone number, including area code)

N/A
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o            Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o            Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))





Item 5.02     Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b)     Decision to Retire

On March 10, 2016, Laura L. Witt provided notice to the Rosetta Stone Inc. (the “Company”) of her decision to retire from the Board of Directors of the Company (the “Board”), effective the date of the Company’s 2016 Annual Meeting of Stockholders. Ms. Witt has been a valued member of the Company’s Board since 2005. Ms. Witt served as chair of the Board from December 2005 to February 2011 and currently serves on the Compensation Committee. Ms. Witt confirmed that her decision to retire was for personal reasons and was not due to any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.

The Company thanks Ms. Witt for her valuable contribution and service, as well as for the diligent fulfillment of her duties on the Board. Immediately following Ms. Witt’s resignation from the Board, the size of the Board will reduce from eight to seven directors. The Board believes that the board composition and size following her resignation is sufficient to provide all required oversight, governance, and related board duties.



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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: March 14, 2016 

 
 
ROSETTA STONE INC.
 
By:
/s/ Sonia G. Cudd
 
 
Name: Sonia G. Cudd
 
 
Title:  General Counsel and Secretary


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