SEC FORM 4 SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Espy Bowers W

(Last) (First) (Middle)
14 WALL STREET
15TH FLOOR

(Street)
NEW YORK NY 10005

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
THESTREET, INC. [ TST ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/19/2019
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $.01 per share 03/19/2019 M 4,714 A $1.37 195,012 D
Common Stock, par value $.01 per share 03/19/2019 F 2,748 D $2.35(1) 192,264 D
Common Stock, par value $.01 per share 03/19/2019 M 1,517 A $1.15 193,781 D
Common Stock, par value $.01 per share 03/19/2019 F 742 D $2.35(1) 193,039 D
Common Stock, par value $.01 per share 03/19/2019 M 10,000 A $0.85 203,039 D
Common Stock, par value $.01 per share 03/19/2019 F 3,617 D $2.35(1) 199,422 D
Common Stock, par value $.01 per share 03/19/2019 M 20,000 A $0.93 219,422 D
Common Stock, par value $.01 per share 03/19/2019 F 7,914 D $2.35(1) 211,508 D
Common Stock, par value $.01 per share 03/19/2019 M 20,000 A $1.8 231,508 D
Common Stock, par value $.01 per share 03/19/2019 F 15,319 D $2.35(1) 216,189 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) $1.37 03/19/2019 M 4,714 01/02/2017 01/02/2021 Common Stock, par value $.01 per share 4,714 $0.00 0 D
Stock Option (Right to Buy) $1.15 03/19/2019 M 1,517 01/03/2017 09/12/2021 Common Stock, par value $.01 per share 1,517 $0.00 0 D
Stock Option (Right to Buy) $0.85 03/19/2019 M 10,000 (2) (3) Common Stock, par value $.01 per share 10,000 $0.00 0 D
Stock Option (Right to Buy) $0.93 03/19/2019 M 20,000 (4) (3) Common Stock, par value $.01 per share 20,000 $0.00 0 D
Stock Option (Right to Buy) $1.8 03/19/2019 M 20,000 (5) (3) Common Stock, par value $.01 per share 20,000 $0.00 0 D
Explanation of Responses:
1. Shares withheld by the Issuer in payment of the aggregate option exercise price incurred upon the above-reported exercise of the option. The amount of shares withheld is based on the closing price on March 19, 2019.
2. The option vested on May 31, 2017, the date of the 2017 annual meeting of stockholders.
3. The options have a term of seven (7) years from the date of grant.
4. The option vested on May 18, 2018, the date of the 2018 annual meeting of stockholders.
5. The option will vest in full on the earlier of (i) May 18, 2019 or (ii) the date of the 2019 annual meeting of stockholders, subject to continued service through the applicable vesting date and are subject to acceleration or forfeiture under various circumstances. On February 14, 2019, upon the sale of the Issuer's institutional business units to Euromoney Institutional Investor PLC, the option accelerated and became fully vested and exercisable.
Remarks:
/s/ Jared Verteramo, as Attorney-in-Fact for Bowers W. Espy 04/10/2019
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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