0001213900-19-008057.txt : 20190508 0001213900-19-008057.hdr.sgml : 20190508 20190508160642 ACCESSION NUMBER: 0001213900-19-008057 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190507 FILED AS OF DATE: 20190508 DATE AS OF CHANGE: 20190508 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Krandel Judy CENTRAL INDEX KEY: 0001668351 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38717 FILM NUMBER: 19806650 MAIL ADDRESS: STREET 1: 320 W. 37TH STREET, 13TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10018 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: PeerStream, Inc. CENTRAL INDEX KEY: 0001355839 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 203191847 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 122 E 42ND ST STREET 2: SUITE 2600 CITY: NEW YORK, STATE: NY ZIP: 10168 BUSINESS PHONE: (212) 594-5050 MAIL ADDRESS: STREET 1: 122 E 42ND ST STREET 2: SUITE 2600 CITY: NEW YORK, STATE: NY ZIP: 10168 FORMER COMPANY: FORMER CONFORMED NAME: Snap Interactive, Inc DATE OF NAME CHANGE: 20071121 FORMER COMPANY: FORMER CONFORMED NAME: eTwine Holdings, Inc DATE OF NAME CHANGE: 20060310 4 1 ownership.xml OWNERSHIP DOCUMENT X0306 4 2019-05-07 1 0001355839 PeerStream, Inc. PEER 0001668351 Krandel Judy 122 EAST 42ND STREET NEW YORK NY 10168 0 1 0 0 Former Chief Financial Officer Stock Option (Right to Buy) 4.55 2019-05-07 4 D 0 142857 D 2026-11-14 Common Stock 142857 0 D Stock Option (Right to Buy) 3.55 2019-05-07 4 A 0 142857 0 A 2019-05-07 2029-05-06 Common Stock 142857 142857 D Represents the cancellation of a stock option on May 7, 2019 pursuant to a cancellation agreement. The cancelled stock option was granted on November 15, 2016. Under this stock option, the shares of common stock underlying the stock option would have vested and become exercisable in four equal annual installments, beginning on the six month anniversary of the date of grant; provided, that upon the effective date of a "change in control" (as defined in the PeerStream, Inc. 2016 Long-Term Incentive Plan (the "Plan")), 50% of the then-unvested shares would have immediately vested on the date of the change in control and the remaining 50% of the then-unvested shares would have vested on the earlier of (i) the original date such shares would have vested or (ii) the first and second anniversaries of the date of the change in control in equal installments, in each case subject to the terms and conditions of the option agreement. The reporting person received a new stock option representing the right to purchase 142,857 shares of common stock as consideration for the cancellation as disclosed herein. This stock option was granted pursuant to a stock option agreement dated May 7, 2019 (the "New Option Agreement"). Pursuant to the New Option Agreement, 50% of the shares of common stock underlying this stock option vested on the date of grant, 25% of the shares of common stock underlying this stock option will vest on May 15, 2019 and 25% of the shares of common stock underlying this stock option will vest in 12 equal installments on the 15th day of each month, with the first such tranche vesting on June 15, 2019 and the last such tranche vesting on May 15, 2020; provided, that upon the effective date of a "change in control" (as defined in the Plan), 50% of the then-unvested shares immediately will vest on the date of the change in control and the remaining 50% of the then-unvested shares will vest on the earlier of (i) the original date such shares would have vested or (ii) the first and second anniversaries of the date of the change in control in equal installments, in each case subject to the terms and conditions of the New Option Agreement. /s/ Judy Krandel 2019-05-08