SEC Form 4 · accession 0001209191-16-132221
THESTREET, INC. · TST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Callaway
Officer — Chief Executive Officer · Director
Period of report
Jul 6, 2016
Accepted (ET)
Jul 8, 2016 · 5:42 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001080056
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock option (right to buy)F1 | $1.19 | Jul 6, 2016 | A | 1,000,000 | A | — | Jul 6, 2023 | Common Stock, par value $0.01 per share | 1,000,000 | 1,000,000 | D |
Explanation of responses
- F11/3 of the shares underlying the option shall vest and become exercisable on 7/6/2017, with the remaining 2/3 vesting in approximately equal monthly installments over the succeeding 24 months, subject to acceleration or forfeiture under various circumstances.