SEC Form 4 · accession 0001209191-19-001137
THESTREET, INC. · TST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric F Lundberg
Officer — Chief Financial Officer
Period of report
Jan 1, 2019
Accepted (ET)
Jan 3, 2019 · 5:09 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 | Jan 1, 2019 | M | 66,666 | — | A | 115,804 | D | |
| Common Stock, par value $.01 per shareF2 | Jan 2, 2019 | F | 26,046 | $2.06 | D | 89,758 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F3 | — | Jan 1, 2019 | M | 66,666 | D | — | — | Common Stock, par value $.01 per share | 66,666 | 133,334 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents a contingent right to receive one share of the issuer's Common Stock.
- F2Shares withheld by the issuer in payment of the withholding tax liability. The amount of shares withheld is based on the closing price on January 2, 2019.
- F3One-third of the RSUs (1/3) vested on January 1, 2019, with one thirty-sixth (1/36) of the RSUs vesting quarterly thereafter, subject to continued employment through each vesting date, and are subject to acceleration or forfeiture under various circumstances.