1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security |
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Restricted Stock Units
|
Â
(4)
|
Â
(4)
|
Common Stock, par value $0.01 per share
|
32,189
(5)
|
$
(6)
|
I
|
See footnote
(5)
|
* |
If the form is filed by more than one reporting person, see Instruction 5(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). |
(1) |
3,636,363 of these shares were purchased on November 10, 2017, in a private placement pursuant to a Securities Purchase Agreement between 180 Degree Capital Corp. ("180"), TheStreet SPV Series - a series of 180 Degree Capital Management, LLC ("TST SPV") and TheStreet, Inc. ("TST"). The remaining 1,000,000 shares were purchased by 180 in open market transactions through April to June 2017, prior to 180 becoming a Reporting Person. |
(2) |
These shares were purchased on November 10, 2017, in a private placement pursuant to a Securities Purchase Agreement between 180, TST SPV and TST. |
(3) |
Beneficially owned by TST SPV. 180 is the Investment Manager and Managing Member of TST SPV. 180 disclaims beneficial ownership of these shares. |
(4) |
The RSUs will vest on the date of the 2018 annual meeting of stockholders, subject to continued service through the applicable vesting date. |
(5) |
Granted to Kevin M. Rendino for service on TST's Board of Directors. Mr. Rendino entered into an assignment and assumption agreement with 180 that assigns all economic and beneficial interest in these securities to 180. |
(6) |
Each restricted stock unit represents a contingent right to receive one share of Common Stock. |