CRAMER JAMES J 4
4 · THESTREET, INC. · Filed Jan 4, 2018
Insider Transaction Report
Form 4
CRAMER JAMES J
Director10% Owner
Transactions
- Award
Common stock, par value $.01 per share
2018-01-02+1,000,000→ 3,540,127 total - Tax Payment
Common stock, par value $.01 per share
2018-01-02$1.47/sh−128,925$189,520→ 2,586,056 total - Tax Payment
Common stock, par value $.01 per share
2018-01-02$1.47/sh−46,829$68,839→ 2,540,127 total
Holdings
- 556,850(indirect: By LLC)
Common stock, par value $.01 per share
Footnotes (3)
- [F1]On December 2, 2013, the reporting person was granted 1,000,000 RSUs, vesting in four equal installments on December 31, 2014, December 31, 2015, December 31, 2016 and December 31, 2017. Upon the vesting of 250,000 of these restricted stock units on December 31, 2017, 128,925 shares of Common Stock were withheld by the Issuer in payment of the withholding tax liability incurred upon the vesting of the restricted stock units. The amount of shares withheld is based on the closing price on January 2, 2018.
- [F2]On January 2, 2014, the reporting person was granted 363,229 RSUs, vesting in four equal installments on December 31, 2014, December 31, 2015, December 31, 2016 and December 31, 2017. Upon the vesting of 90,808 of these restricted stock units on December 31, 2017, 46,829 shares of Common Stock were withheld by the Issuer in payment of the withholding tax liability incurred upon the vesting of the restricted stock units. The amount of shares withheld is based on the closing price on January 2, 2018.
- [F3]On January 2, 2018, Mr. Cramer was granted RSUs under the Company's 2007 Performance Incentive Plan covering 1,000,000 shares of Common Stock, which will vest and become payable as to 25% of the shares in four equal installments on December 31 of each of 2018, 2019, 2020 and 2021, respectively.