THESTREET.COM,
INC.
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(Name
of Issuer)
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Common
Stock, $.01 par value 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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December
31, 2007
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1.
Names of Reporting Persons.
I.R.S.
Identification Nos. of above persons (entities only).
Martin
H.
Peretz
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2.
Check the Appropriate Box if a Member of a Group (See
Instructions)
(a)
(b)
[x]
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3.
SEC Use Only
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4.
Citizenship or Place of Organization: United States
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Number
of
Shares Beneficially Owned by Each Reporting Person With: |
5.
Sole Voting
Power 2,017,133
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6.
Shared Voting
Power
483,138
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7.
Sole Dispositive Power 2,017,133
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8.
Shared Dispositive Power 483,138
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9.
Aggregate Amount Beneficially Owned by Each Reporting Person 2,500,271
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10.Check
if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) N/A
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11.Percent
of Class Represented by Amount in Row (9) 8.5%
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12. Type
of Reporting Person (See Instructions)
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IN
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(a)
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Name
of Issuer: TheStreet.com, Inc
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(b)
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Address
of Issuer’s Principal Executive Offices: 14 Wall Street, 15th
Floor, New York, New York 10005
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(a)
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Name
of Person Filing: Martin H. Peretz
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(b)
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Address
of Principal Business Office or, if none, Residence: c/o The Clark
Estates, Inc., 1 Rockefeller Plaza, New York, New York 10020
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(c)
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Citizenship:
United States
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(d)
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Title
of Class of Securities: Common Stock, $.01 par value per share
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(e)
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CUSIP
Number: 88368Q103
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Item
3.
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If
this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c),
check whether the person filing is a:
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(a) [
]
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Broker
or Dealer registered under Section 15 of the Act (15 U.S.C. 78o).
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(b) [
]
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Bank
as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c).
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(c) [
]
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Insurance
Company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c).
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(d) [
]
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Investment
Company registered under Section 8 of the Investment Company Act
of 1940
(15 U.S.C. 80a-8).
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(e) [
]
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An
investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
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(f) [
]
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An
employee benefit plan or endowment fund in accordance with
§240.13d-1(b)(1)(ii)(F);
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(g) [
]
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A
parent holding company or control person in accordance with §
240.13d-1(b)(1)(ii)(G);
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(h) [
]
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A
savings associations as defined in Section 3(b) of the Federal Deposit
Insurance Act (12 U.S.C. 1813);
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(i) [
]
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A
church plan that is excluded from the definition of an investment
company
under Section 3(c)(14) of the Investment Company Act of 1940 (15
U.S.C.
80a-3);
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(j) [
]
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Group,
in accordance with §240.13d-1(b)(1)(ii)(J).
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Item
4.
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Ownership
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(a)
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Amount
beneficially owned (as of December 31, 2007): 2,500,2711
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(b)
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Percent
of class: 8.5%
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(c)
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Number
of shares as to which the person has:
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(i)
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Sole
power to vote or to direct the vote: 2,017,1332
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(ii)
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Shared
power to vote or to direct the vote: 483,1383
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(iii)
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Sole
power to dispose or to direct the disposition of: 2,017,1332
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(iv)
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Shared
power to dispose or to direct the disposition of: 483,1383
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Item
5.
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Ownership
of Five Percent or Less of a Class
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Item
6.
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Ownership
of More than Five Percent on Behalf of Another Person.
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Item
7.
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Identification
and Classification of the Subsidiary Which Acquired the Security
Being
Reported on By the Parent Holding Company
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Item
8.
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Identification
and Classification of Members of the Group
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Item
9.
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Notice
of Dissolution of Group
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Item
10.
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Certification
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February 14
,
2008
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Date
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/s/
Richard C.
Vanison
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Signature
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Richard
C.
Vanison**
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Name/Title
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(L.)
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full
and unqualified authority to my attorneys-in-fact to delegate any
or all
of the foregoing powers to any person or persons whom my
attorneys-in-fact shall select;
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/s/
Martin H. Peretz
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(L.S.)
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/s/
Vivien
Troy
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Notary
Public
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