SEC Form 4/A · accession 0001209191-18-056717
THESTREET, INC. · TST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
James J Cramer
Director
Period of report
Jan 2, 2018
Accepted (ET)
Oct 31, 2018 · 8:07 pm EDT
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 | Jan 2, 2018 | F | 128,925 | $1.47 | D | 2,840,071 | D | |
| Common stock, par value $.01 per shareF2 | Jan 2, 2018 | F | 46,829 | $1.47 | D | 2,886,900 | D | |
| Common stock, par value $.01 per shareF3 | Jan 2, 2018 | A | 1,000,000 | $0.00 | A | 3,886,900 | D | |
| Common stock, par value $.01 per share | holding | — | — | — | 556,850 | I | Shares held by Cramer Partners, LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On December 2, 2013, the reporting person was granted 1,000,000 RSUs, vesting in four equal installments on December 31, 2014, December 31, 2015, December 31, 2016 and December 31, 2017. Upon the vesting of 250,000 of these restricted stock units on December 31, 2017, 128,925 shares of Common Stock were withheld by the Issuer in payment of the withholding tax liability incurred upon the vesting of the restricted stock units. The amount of shares withheld is based on the closing price on January 2, 2018.
- F2On January 2, 2014, the reporting person was granted 363,229 RSUs, vesting in four equal installments on December 31, 2014, December 31, 2015, December 31, 2016 and December 31, 2017. Upon the vesting of 90,808 of these restricted stock units on December 31, 2017, 46,829 shares of Common Stock were withheld by the Issuer in payment of the withholding tax liability incurred upon the vesting of the restricted stock units. The amount of shares withheld is based on the closing price on January 2, 2018.
- F3On January 2, 2018, Mr. Cramer was granted RSUs under the Company's 2007 Performance Incentive Plan covering 1,000,000 shares of Common Stock, which will vest and become payable as to 25% of the shares in four equal installments on December 31 of each of 2018, 2019, 2020 and 2021, respectively, subject to accelerated vesting upon a change in control, a qualifying termination or his death or disability as set forth in his option agreement.
Remarks
This amendment to the Reporting Person's Form 4 filed on January 4, 2018 is to correct the number of shares that are reported as beneficially owned by the Reporting Person in Column 5 as confirmed by the recently completed reconciliation of the stock records of the Reporting Person.