SEC Form 4 · accession 0001615774-18-000092
THESTREET, INC. · TST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin Rendino
Director · 10% Owner
Period of report
Jan 1, 2018
Accepted (ET)
Jan 3, 2018 · 9:48 pm EST
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 purchase)F3,F1,F2 | $1.45 | Jan 1, 2018 | A | 3,333 | A | — | — | Common Stock, par value $.01 per share | 3,333 | 3,333 | D |
Explanation of responses
- F1The closing price of TST's Common Stock as of the last trading day prior to the grant date.
- F2The option will vest on the date of the 2018 annual meeting of stockholders, subject to continued service through the applicable vesting date. The options have a term of seven (7) years from the date of grant and are subject to acceleration or forfeiture under various circumstances.
- F3Granted to Kevin M. Rendino in connection with his appointment to the Audit Committee of TST's Board of Directors, effective January 1, 2018. Mr. Rendino entered into an assignment and assumption agreement with 180 Degree Capital Corp. that assigns all economic and beneficial interest in these securities to 180 Degree Capital Corp.