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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
  
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*
CRAMER JAMES J

(Last) (First) (Middle)
C/O THESTREET, INC.
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)
12/31/2014
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 556,850 I Shares held by Cramer Partners, LLC
Common Stock, par value $.01 per share 12/31/2014 M 250,000(1) A $0 2,907,772 D
Common Stock, par value $.01 per share 12/31/2014 F 128,925 D $2.38 2,778,847 D
Common Stock, par value $.01 per share 12/31/2014 M 90,807(2) A $0 2,778,847 D
Common Stock, par value $.01 per share 12/31/2014 F 46,829 D $2.38 2,732,018 D
Common Stock, par value $.01 per share 12/31/2014 S 33,010(3) D $2.36(4) 2,699,008 D
Common Stock, par value $.01 per share 01/02/2015 S 33,010(3) D $2.3(5) 2,665,998 D
Common Stock, par value $.01 per share 01/05/2015 S 33,010(3) D $2.26(6) 2,632,988 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
Restricted Stock Units (7) 12/31/2014 M 250,000 (1) (1) Common Stock, par value $.01 per share 250,000 $0 750,000 D
Restricted Stock Units (7) 12/31/2014 M 90,807 (2) (2) Common Stock, par value $.01 per share 90,807 $0 272,422 D
Explanation of Responses:
1. Represents 25% of an original grant of 1,000,000 RSUs on December 2, 2013, with scheduled vesting ratably on each of the next December 31, 2015, 2016 and 2017.
2. Represents 25% of an original grant of 363,229 on January 2, 2014, with scheduled vesting ratably on each of the next December 31, 2015, 2016 and 2017.
3. Sales effected pursuant to Rule 10b5-1 selling plan adopted by the reporting person on November 20, 2014.
4. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.33 to $2.43, inclusive. The reporting person will provide, upon request from the SEC, information regarding the number of securities purchased at each separate price.
5. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.28 to $2.39, inclusive. The reporting person will provide, upon request from the SEC, information regarding the number of securities purchased at each separate price.
6. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.24 to $2.30, inclusive. The reporting person will provide, upon request from the SEC, information regarding the number of securities purchased at each separate price.
7. Each restricted stock unit represents a contingent right to receive one share of Common Stock.
Remarks:
/s/ James J. Cramer 01/05/2015
** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.