SEC Form 4 · accession 0001615774-17-002887
THESTREET, INC. · TST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen Zacharias
Director
Period of report
May 31, 2017
Accepted (ET)
Jun 2, 2017 · 12:53 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2,F3 | — | May 31, 2017 | A | 64,517 | A | — | — | Common Stock, par value $.01 per share | 64,517 | 64,517 | D |
| Stock Option (right to purchase)F4,F5 | $0.93 | May 31, 2017 | A | 20,000 | A | — | — | Common Stock, par value $.01 per share | 20,000 | 20,000 | D |
Explanation of responses
- F1The amount reported includes both the grant made to each non-employee director in connection with his or her continued Board membership, representing $60,000 of value.
- F2Each restricted stock unit represents a contingent right to receive one share of Common Stock.
- F3The RSUs will vest on the date of the 2018 annual meeting of stockholders, subject to continued service through the applicable vesting date.
- F4The option will vest on the date of the 2018 annual meeting of stockholders, subject to continued service through the applicable vesting date.
- F5The options have a term of seven (7) years from the date of grant and are subject to acceleration or forfeiture under various circumstances.