Sec Form 4 Filing - HOAG JAY C @ THESTREET, INC. - 2018-10-18

Insider filing report for Changes in Beneficial Ownership
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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
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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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, 250 MIDDLEFIELD ROAD
3. Date of Earliest Transaction (MM/DD/YY)
10/18/2018
(Street)
MENLO PARK, CA94025
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction 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 10/18/2018 S 1,740,944 D $ 2.0001 4,211,002 I TCV VI, L.P. ( 1 )
Common Stock 10/18/2018 S 14,056 D $ 2.0001 33,998 I TCV Member Fund, L.P. ( 2 )
Common Stock 152,377 I TCV VI Management, L.L.C. ( 3 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
HOAG JAY C
C/O TECHNOLOGY CROSSOVER VENTURES
250 MIDDLEFIELD ROAD
MENLO PARK, CA94025
X
KIMBALL RICK
C/O TECHNOLOGY CROSSOVER VENTURES
250 MIDDLEFIELD ROAD
MENLO PARK, CA94025
X
DREW JOHN
C/O TECHNOLOGY CROSSOVER VENTURES
250 MIDDLEFIELD ROAD
MENLO PARK, CA94025
X
REYNOLDS JON Q JR
C/O TECHNOLOGY CROSSOVER VENTURES
250 MIDDLEFIELD ROAD
MENLO PARK, CA94025
X
Trudeau Robert
C/O TECHNOLOGY CROSSOVER VENTURES
250 MIDDLEFIELD ROAD
MENLO PARK, CA94025
X
Technology Crossover Management VI, L.L.C.
C/O TECHNOLOGY CROSSOVER VENTURES
250 MIDDLEFIELD ROAD
MENLO PARK, CA94025
X
TCV VI L P
C/O TECHNOLOGY CROSSOVER VENTURES
250 MIDDLEFIELD ROAD
MENLO PARK, CA94025
X
TCV Member Fund, L.P.
C/O TECHNOLOGY CROSSOVER VENTURES
250 MIDDLEFIELD ROAD
MENLO PARK, CA94025
X
TCV VI Management, L.L.C.
C/O TECHNOLOGY CROSSOVER VENTURES
250 MIDDLEFIELD ROAD
MENLO PARK, CA94025
X
Signatures
Frederic D. Fenton, Authorized signatory for Jay C. Hoag 10/19/2018
Signature of Reporting Person Date
Frederic D. Fenton, Authorized signatory for Richard H. Kimball 10/19/2018
Signature of Reporting Person Date
Frederic D. Fenton, Authorized signatory for John L. Drew 10/19/2018
Signature of Reporting Person Date
Frederic D. Fenton, Authorized signatory for Jon Q. Reynolds Jr. 10/19/2018
Signature of Reporting Person Date
Frederic D. Fenton, Authorized signatory for Robert W. Trudeau 10/19/2018
Signature of Reporting Person Date
Frederic D. Fenton, Authorized signatory for Technology Crossover Management VI, L.L.C. 10/19/2018
Signature of Reporting Person Date
Frederic D. Fenton, Authorized signatory for TCV VI, L.P. 10/19/2018
Signature of Reporting Person Date
Frederic D. Fenton, Authorized signatory for TCV Member Fund, L.P. 10/19/2018
Signature of Reporting Person Date
Frederic D. Fenton, Authorized signatory for TCV VI Management, L.L.C. 10/19/2018
Signature of Reporting Person Date
Explanation of Responses:
( 1 )These shares are directly held by TCV VI, L.P. ("TCV VI"). 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 Technology Crossover Management VI, L.L.C. ("Management VI"). Management VI is the general partner of TCV VI. The Management VI Members and Management VI may be deemed to beneficially own the shares of Common Stock held by TCV VI but each of the Management VI Members and Management VI disclaim any such beneficial ownership except to the extent of their pecuniary interest therein.
( 2 )These shares are directly held by TCV Member Fund, L.P. ("TCV MF"). The Management VI Members are Class A Members of Management VI, which is a general partner of TCV MF, and limited partners of TCV MF. The Management VI Members and Management VI may be deemed to beneficially own the shares of Common Stock held by TCV MF but each of the Management VI Members and Management VI disclaim any such beneficial ownership except to the extent of their pecuniary interest therein.
( 3 )These shares are directly held by TCV VI Management, L.L.C. ("TCV VI Management"). All of the Management VI Members are Members of 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. Each of the Management VI Members disclaims any such beneficial ownership except to the extent of their respective pecuniary interest therein.

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