SEC Form 4 · accession 0001615774-18-004260
THESTREET, INC. · TST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Rachelle Zorn
Officer — President, RateWatch
Period of report
May 18, 2018
Accepted (ET)
May 22, 2018 · 9:27 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 UnitsF2,F1,F3 | — | May 18, 2018 | A | 250,000 | A | — | — | Common Sstock, par value $.01 per share | 250,000 | 250,000 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Common Stock.
- F2On February 6, 2018, the Compensation Committee of the Issuer's Board of Directors approved the grant of the restricted stock units (the "RSUs") to the reporting person, subject to stockholder approval of the amendment and restatement of the Issuer's 2007 Performance Incentive Plan (the "Plan"). On May 18, 2018, the Issuer's stockholders approved the amendment and restatement of the Plan and the RSUs were granted effective on that date.
- F3One-third of the RSUs (1/3) will vest 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.