4//SEC Filing
Reis, Inc. 4
Accession 0001209191-16-098082
CIK 0001038222operating
Filed
Feb 11, 7:00 PM ET
Accepted
Feb 12, 4:28 PM ET
Size
9.8 KB
Accession
0001209191-16-098082
Insider Transaction Report
Form 4
Reis, Inc.REIS
Garfield Jonathan
DirectorExecutive Vice President
Transactions
- Award
Common Stock
2016-02-09+24,025→ 849,897 total - Sale
Common Stock
2016-02-10$20.98/sh−2,046$42,925→ 847,851 total - Sale
Common Stock
2016-02-11$21.19/sh−2,653$56,217→ 845,198 total
Holdings
- 36,093(indirect: By Trust)
Common Stock
Footnotes (3)
- [F1]Consists of Restricted Stock Units ("RSUs") representing a contingent right to receive shares of REIS common stock. The RSUs vest in three equal annual installments beginning February 9, 2017. Vested shares of common stock will be delivered to the reporting person promptly following each vesting date.
- [F2]Exempt transaction pursuant to Section 16b-3(e) -- payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by the reporting person and cancelled by the issuer in exchange for the issuer's agreement to pay federal and state tax withholding obligations of the reporting person resulting from the vesting and delivery of restricted stock units ("RSUs"). The reporting person did not sell or otherwise dispose of any of the shares reported on this Form 4 for any reason other than to cover the required taxes.
- [F3]Represents 798,120 shares of common stock held by the reporting person and 47,078 RSUs (none of which are currently vested).
Documents
Issuer
Reis, Inc.
CIK 0001038222
Entity typeoperating
IncorporatedMD
Related Parties
1- filerCIK 0001038222
Filing Metadata
- Form type
- 4
- Filed
- Feb 11, 7:00 PM ET
- Accepted
- Feb 12, 4:28 PM ET
- Size
- 9.8 KB