SEC Form 4 · accession 0001209191-19-011315
THESTREET, INC. · TST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric F Lundberg
Officer — CEO and CFO · Director
Period of report
Feb 14, 2019
Accepted (ET)
Feb 19, 2019 · 7:02 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,F2 | Feb 14, 2019 | M | 133,334 | $0.00 | A | 223,092 | 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,F2,F3 | — | Feb 14, 2019 | M | 133,334 | D | — | — | Common Stock, par value $.01 per share | 133,334 | 0 | D |
Explanation of responses
- F1Represent restricted stock units ("RSUs") granted on May 18, 2018 which vested in full upon the sale of the Issuer's institutional business units to Euromoney Institutional Investor PLC.
- F2Each RSU represents a contingent right to receive one share of the issuer's Common Stock.
- 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.