UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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SCHEDULE 13D
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Under the Securities Exchange Act of 1934
(Amendment No. 5)
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TheStreet, Inc.
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(Name of Issuer)
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Common Stock, par value $0.01 per share
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(Title of Class of Securities)
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88368Q103
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(CUSIP Number)
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January 5, 2015
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(Date of Event Which Requires Filing of this Statement)
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James J. Cramer
c/o TheStreet, Inc.
14 Wall Street, 15th Floor
New York, NY 10005
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(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
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CUSIP No. 88368Q103
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Page 2 of 6
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1
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NAME OF REPORTING PERSONS
James J. Cramer
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
(Intentionally Omitted)
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) o
(b) o
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3
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SEC USE ONLY
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4
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SOURCE OF FUNDS
OO
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5
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
o
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6
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CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
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7
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SOLE VOTING POWER
1,610,566
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8
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SHARED VOTING POWER
556,850
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9
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SOLE DISPOSITIVE POWER
1,610,566
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10
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SHARED DISPOSITIVE POWER
556,850
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11
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,167,416
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12
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
o
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13
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.3%
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14
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TYPE OF REPORTING PERSON*
IN
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CUSIP No. 88368Q103
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Page 3 of 6
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1
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NAME OF REPORTING PERSONS
Cramer Partners, LLC
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
(Intentionally Omitted)
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) o
(b) o
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3
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SEC USE ONLY
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4
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SOURCE OF FUNDS
N/A
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5
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
o
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6
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CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware, United States
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NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
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7
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SOLE VOTING POWER
556,850
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8
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SHARED VOTING POWER
0
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9
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SOLE DISPOSITIVE POWER
556,850
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10
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SHARED DISPOSITIVE POWER
0
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11
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
556,850
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12
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
o
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13
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.6%
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14
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TYPE OF REPORTING PERSON*
OO
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CUSIP No. 88368Q103
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Page 4 of 6
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Item 4.
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Purpose of the Transaction
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Item 5.
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Interest in Securities of the Issuer
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(a)
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Pursuant to Rule 13d-3 of the Exchange Act, Mr. Cramer is the beneficial owner of 2,167,416 shares of Common Stock (representing approximately 6.3% of the outstanding Common Stock). Of these shares, Mr. Cramer is the record owner of 1,610,566 shares (representing approximately 4.7% of the outstanding Common Stock) and Partners is the record owner of 556,850 shares (representing approximately 1.6% of the outstanding Common Stock). The 1,610,566 shares owned of record by Mr. Cramer (i) include 165,053 shares resulting from the vesting on December 31, 2014 of 340,807 restricted stock units (“RSUs”) net of 175,754 shares withheld for tax purposes and (ii) exclude the 99,030 shares sold in open market transactions as described in clause (c) below.
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(b)
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Mr. Cramer has the sole power to vote or to direct the vote, and to dispose or to direct the disposition of, the shares of Common Stock of which he is the record owner.
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CUSIP No. 88368Q103
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Page 5 of 6
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(c)
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No transactions have been effected by the Reporting Persons in the 60 days preceding January 5, 2015 other than the sales on behalf of Mr. Cramer in accordance with Rule 10b5-1 and the Plan of 33,010 shares of Common Stock on each of December 31, 2014, January 2, 2015 and January 5, 2015 at prices per share ranging from $2.29 to $2.45.
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(d)
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Each of the Reporting Persons affirms that no person other than the Reporting Persons has the rights to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Common Stock owned by such Reporting Person.
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(e)
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Not applicable.
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Item 7.
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Material to be Filed as Exhibits
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CUSIP No. 88368Q103
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Page 6 of 6
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*
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James J. Cramer
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CRAMER PARTNERS, LLC
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By:
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*
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Name: James J. Cramer
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Title: Manager
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*By:
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/s/ Vanessa Soman
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Vanessa Soman
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Attorney-in-Fact
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