FRUCHER MEYER 4
4 · Reis, Inc. · Filed Oct 5, 2010
Insider Transaction Report
Form 4
Reis, Inc.REIS
FRUCHER MEYER
Director
Transactions
- Award
Restricted Stock Units
2010-10-01+1,799→ 27,311 total(indirect: By Trust)
Footnotes (3)
- [F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of REIS common stock. The RSUs are immediately vested upon grant. Shares of common stock will be delivered to the reporting person six months after termination of service as a director.
- [F2]Represents 27,311 RSUs held by the reporting person.
- [F3]The reporting person has assigned all of his interest in the RSUs granted to him to a trust for the benefit of a family member.