WELLSFORD REAL PROPERTIES INC 4
4 · WELLSFORD REAL PROPERTIES INC · Filed Jun 1, 2007
Insider Transaction Report
Form 4
STRONG DAVID
Senior VP of Development
Transactions
- Award
Common Stock
2007-05-30$8.16/sh+1,260$10,282→ 233,714 total
Footnotes (1)
- [F1]The reporting person acquired 1,260 shares of issuer common stock pursuant to the merger of Reis, Inc. with and into a wholly owned subsidiary of the issuer. Of the 1,260 shares issued to the reporting person in the merger, 158 shares are currently being held in escrow and are subject to forfeiture during the two-year period following the merger to satisfy claims as a result of Reis, Inc.'s breach of its representations, warranties and covenants in the merger agreement.