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Sander William 4

Accession 0000899243-18-026837

CIK 0001038222other

Filed

Oct 15, 8:00 PM ET

Accepted

Oct 16, 7:27 PM ET

Size

7.4 KB

Accession

0000899243-18-026837

Insider Transaction Report

Form 4
Period: 2018-10-13
Sander William
COO of Reis Services, LLC
Transactions
  • Disposition to Issuer

    Common Stock

    2018-10-15$23.00/sh33,176$763,0480 total
  • Disposition from Tender

    Common Stock

    2018-10-13$23.00/sh130,495$3,001,38533,176 total
Footnotes (2)
  • [F1]On October 15, 2018, Moody's Corporation ("Moody's") acquired the issuer pursuant to the Agreement and Plan of Merger, dated August 29, 2018, by and among Moody's Analytics Maryland Corp. ("Purchaser"), Moody's and the issuer (the "Merger Agreement"). In accordance with the Merger Agreement, Purchaser, a wholly-owned subsidiary of Moody's, was merged with and into the issuer (the "Merger"), with the issuer surviving the Merger as a wholly owned subsidiary of Moody's. Under the Merger Agreement, at the effective time of the Merger, each outstanding share of the issuer's common stock (including the shares of common stock relating to previously unvested restricted stock units, but excluding shares of common stock held by Moody's, the issuer and their respective subsidiaries) was cancelled and converted into the right to receive $23.00 in cash.
  • [F2]This amount reflects shares of common stock relating to previously unvested restricted stock units that were cancelled as described above.

Issuer

Reis, Inc.

CIK 0001038222

Entity typeother

Related Parties

1
  • filerCIK 0001400893

Filing Metadata

Form type
4
Filed
Oct 15, 8:00 PM ET
Accepted
Oct 16, 7:27 PM ET
Size
7.4 KB