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Ownership Document
|
| Schema Version: X0306 |
| Document Type: 4 |
| Period of Report: 8/7/19 |
| Not Subject to Section 16: 0 |
| Issuer: |
| Issuer CIK: 1080056 |
| Issuer Name: THESTREET, INC. |
| Issuer Trading Symbol: TST |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 893739 |
| | Owner Name: 180 DEGREE CAPITAL CORP. /NY/ |
| Reporting Owner Address: |
| | Owner Street 1: 7 N. WILLOW STREET |
| | Owner Street 2: SUITE 4B |
| | Owner City: MONTCLAIR |
| | Owner State: NJ |
| | Owner ZIP Code: 07042 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? No |
| | Is Officer? No |
| | Is Ten Percent Owner? Yes |
| | Is Other? No |
| | Officer Title: |
| | Other Text: |
| Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock, par value $0.01 per share |
| | | Footnote ID: F1 |
| | Transaction Date: |
| | | Value: 8/7/19 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: D |
| | | Equity Swap Involved? No |
| | | Footnote ID: F2 |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 350,000 |
| | | Transaction Price Per Share: |
| Footnote ID: F2 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 0 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: See footnote |
| Footnote ID: F3 |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock, par value $0.01 per share |
| | | Footnote ID: F1 |
| | Transaction Date: |
| | | Value: 8/7/19 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: D |
| | | Equity Swap Involved? No |
| | | Footnote ID: F2 |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 471,521 |
| | | Transaction Price Per Share: |
| Footnote ID: F2 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 0 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Table: |
| Footnotes: |
| Footnote - F1: On June 11, 2019, TheStreet, Inc. (the "Company") entered into an Agreement and Plan of Merger, as amended, (the "Merger Agreement") with TheMaven, Inc. (the "Parent") and a wholly owned subsidiary of the Parent (the "Merger Sub"). On August 7, 2019, pursuant to the Merger Agreement, Merger Sub merged with and into the Company, and the Company continued as the surviving corporation and as a wholly ownedsubsidiary of Parent (the "Merger"). |
| Footnote - F2: Pursuant to the Merger Agreement, all shares of Company common stock were cancelled and exchanged for merger consideration of $3.09183364 per share in the Merger, plus one contractual contingent value right per share ("CVR") (as defined in the Merger Agreement). |
| Footnote - F3: Beneficially owned by TheStreet SPV Series - a Series of 180 Degree Capital Management, LLC ("TST SPV"). 180 Degree Capital Corp. ("180") is the Investment Manager and Managing Member of TST SPV. 180 disclaims beneficial ownership of these shares. |
| Remarks: |
| Owner Signature: |
| Signature Name: /s/ Daniel B. Wolfe, President |
| Signature Date: 8/9/19 |
