DE LUNA MARGARET 4
4 · THESTREET, INC. · Filed May 22, 2018
Insider Transaction Report
Form 4
DE LUNA MARGARET
President, TheStreet.com
Transactions
- Award
Restricted Stock Units
2018-05-18+165,000→ 165,000 total→ Common Sstock, par value $.01 per share (165,000 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Common Stock.
- [F2]On February 6, 2018, the Compensation Committee of the Issuer's Board of Directors approved the grant of the restricted stock units (the "RSUs") to the reporting person, subject to stockholder approval of the amendment and restatement of the Issuer's 2007 Performance Incentive Plan (the "Plan"). On May 18, 2018, the Issuer's stockholders approved the amendment and restatement of the Plan and the RSUs were granted effective on that date.
- [F3]One-third of the RSUs (1/3) will vest on January 1, 2019, with one thirty-sixth (1/36) of the RSUs vesting quarterly thereafter, subject to continued employment through each vesting date, and are subject to acceleration or forfeiture under various circumstances.