SEC Form 4 · accession 0001140361-15-000540
THESTREET, INC. · TST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James J Cramer
Director
Period of report
Dec 31, 2014
Accepted (ET)
Jan 5, 2015 · 5:27 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001080056
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $.01 per shareF1 | Dec 31, 2014 | M | 250,000 | $0.00 | A | 2,907,772 | D | |
| Common Stock, par value $.01 per share | Dec 31, 2014 | F | 128,925 | $2.38 | D | 2,778,847 | D | |
| Common Stock, par value $.01 per shareF2 | Dec 31, 2014 | M | 90,807 | $0.00 | A | 2,778,847 | D | |
| Common Stock, par value $.01 per share | Dec 31, 2014 | F | 46,829 | $2.38 | D | 2,732,018 | D | |
| Common Stock, par value $.01 per shareF3,F4 | Dec 31, 2014 | S | 33,010 | $2.36 | D | 2,699,008 | D | |
| Common Stock, par value $.01 per shareF3,F5 | Jan 2, 2015 | S | 33,010 | $2.30 | D | 2,665,998 | D | |
| Common Stock, par value $.01 per shareF3,F6 | Jan 5, 2015 | S | 33,010 | $2.26 | D | 2,632,988 | D | |
| Common stock, par value $.01 per share | holding | — | — | — | 556,850 | I | Shares held by Cramer Partners, LLC |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF7,F1 | — | Dec 31, 2014 | M | 250,000 | A | — | — | Common Stock, par value $.01 per share | 250,000 | 750,000 | D |
| Restricted Stock UnitsF7,F2 | — | Dec 31, 2014 | M | 90,807 | A | — | — | Common Stock, par value $.01 per share | 90,807 | 272,422 | D |
Explanation of responses
- F1Represents 25% of an original grant of 1,000,000 RSUs on December 2, 2013, with scheduled vesting ratably on each of the next December 31, 2015, 2016 and 2017.
- F2Represents 25% of an original grant of 363,229 on January 2, 2014, with scheduled vesting ratably on each of the next December 31, 2015, 2016 and 2017.
- F3Sales effected pursuant to Rule 10b5-1 selling plan adopted by the reporting person on November 20, 2014.
- F4The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.33 to $2.43, inclusive. The reporting person will provide, upon request from the SEC, information regarding the number of securities purchased at each separate price.
- F5The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.28 to $2.39, inclusive. The reporting person will provide, upon request from the SEC, information regarding the number of securities purchased at each separate price.
- F6The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.24 to $2.30, inclusive. The reporting person will provide, upon request from the SEC, information regarding the number of securities purchased at each separate price.
- F7Each restricted stock unit represents a contingent right to receive one share of Common Stock.