FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

HOAG JAY C
2. Issuer Name and Ticker or Trading Symbol

THESTREET, INC. [ TST ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      __ X __ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

C/O TECHNOLOGY CROSSOVER VENTURES, 528 RAMONA STREET
3. Date of Earliest Transaction (MM/DD/YYYY)

11/10/2017
(Street)

PALO ALTO, CA 94301
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

___ Form filed by One Reporting Person
_ X _ 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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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   11/10/2017     J (1)    5951946   A   (1) 5951946   I   By TCV VI, L.P.   (2) (3)
Common Stock   11/10/2017     J (1)    48054   A   (1) 48054   I   By TCV Member Fund, L.P.   (2) (3)
Common Stock                  152377   I   By TCV VI Management, L.L.C.   (2) (3)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 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 of Derivative Security: 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
Series B Preferred Stock     (4) 11/10/2017     J   (1)       5455.95      (4)   (4) Common Stock   3826051     (1) 0   I   TCV VI, L.P.   (2) (3)
Series B Preferred Stock     (4) 11/10/2017     J   (1)       44.05      (4)   (4) Common Stock   30891     (1) 0   I   TCV Member Fund, L.P.   (2) (3)

Explanation of Responses:
(1)  Pursuant to an exchange agreement by and among the Issuer and the TCV VI Funds (as defined below), each share of Series B convertible preferred stock was exchanged for 1,090.9 shares of Common Stock and approximately $3,636.36 in cash.
(2)  Technology Crossover Management VI, L.L.C. ("Management VI"), as the general partner of TCV VI, L.P. ("TCV VI") and a general partner of the TCV Member Fund, L.P. ("Member Fund" and, together with TCV VI, the "TCV VI Funds"), may be deemed to share beneficial ownership of the shares held by the TCV VI Funds. Management VI disclaims any such beneficial ownership, except to the extent of its pecuniary interest therein. Jay C. Hoag, Richard H. Kimball, John L. Drew, Jon Q. Reynolds, Jr., and Robert W. Trudeau (collectively, the "Management VI Members") are Class A Members of Management VI and limited partners of Member Fund and, in such capacity, each may be deemed to share beneficial ownership of the shares of Common Stock held by the TCV VI Funds. Additionally, each of the Management VI Members are Members of TCV VI Management, L.L.C. ("TCV VI Management") and, in such capacity, each may be deemed to share beneficial ownership of the shares of Common Stock held by TCV VI Management.
(3)  (Continued from footnote 2) Each of the Management VI Members disclaims any such beneficial ownership except to the extent of their respective pecuniary interest therein.
(4)  Each share of Series B convertible preferred stock was convertible at any time at the option of the holder into approximately 701.3 shares of Common Stock and had no expiration date.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
HOAG JAY C
C/O TECHNOLOGY CROSSOVER VENTURES
528 RAMONA STREET
PALO ALTO, CA 94301

X

KIMBALL RICK
C/O TECHNOLOGY CROSSOVER VENTURES
528 RAMONA STREET
PALO ALTO, CA 94301

X

DREW JOHN
C/O TECHNOLOGY CROSSOVER VENTURES
528 RAMONA STREET
PALO ALTO, CA 94301

X

REYNOLDS JON Q JR
C/O TECHNOLOGY CROSSOVER VENTURES
528 RAMONA STREET
PALO ALTO, CA 94301

X

Trudeau Robert
C/O TECHNOLOGY CROSSOVER VENTURES
528 RAMONA STREET
PALO ALTO, CA 94301

X

Technology Crossover Management VI, L.L.C.
C/O TECHNOLOGY CROSSOVER VENTURES
528 RAMONA STREET
PALO ALTO, CA 94301

X

TCV VI L P
C/O TECHNOLOGY CROSSOVER VENTURES
528 RAMONA STREET
PALO ALTO, CA 94301

X

TCV Member Fund, L.P.
C/O TECHNOLOGY CROSSOVER VENTURES
528 RAMONA STREET
PALO ALTO, CA 94301

X

TCV VI Management, L.L.C.
C/O TECHNOLOGY CROSSOVER VENTURES
528 RAMONA STREET
PALO ALTO, CA 94301

X


Signatures
Jay C. Hoag, By: /s/ Frederic D. Fenton, Authorized Signatory 11/14/2017
** Signature of Reporting Person Date

Richard H. Kimball, By: /s/ Frederic D. Fenton, Authorized Signatory 11/14/2017
** Signature of Reporting Person Date

John L. Drew, By: /s/ Frederic D. Fenton, Authorized Signatory 11/14/2017
** Signature of Reporting Person Date

John Q. Reynolds, Jr., By: /s/ Frederic D. Fenton, Authorized Signatory 11/14/2017
** Signature of Reporting Person Date

Robert W. Trudeau, By: /s/ Frederic D. Fenton, Authorized Signatory 11/14/2017
** Signature of Reporting Person Date

Technology Crossover Management VI, L.L.C., By: /s/ Frederic D. Fenton, Authorized Signatory 11/14/2017
** Signature of Reporting Person Date

TCV VI, L.P., By: /s/ Frederic D. Fenton, Authorized Signatory 11/14/2017
** Signature of Reporting Person Date

TCV Member Fund, L.P., By: /s/ Frederic D. Fenton, Authorized Signatory 11/14/2017
** Signature of Reporting Person Date

TCV VI Management, L.L.C., By: /s/ Frederic D. Fenton, Authorized Signatory 11/14/2017
** 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 control number.
TheStreet (NASDAQ:TST)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more TheStreet Charts.
TheStreet (NASDAQ:TST)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more TheStreet Charts.