Reis, Inc. 4
4 · Reis, Inc. · Filed Feb 23, 2016
Insider Transaction Report
Form 4
Reis, Inc.REIS
Garfield Jonathan
DirectorExecutive Vice President
Transactions
- Sale
Common Stock
2016-02-19$22.00/sh−2,757$60,654→ 842,441 total
Holdings
- 36,093(indirect: By Trust)
Common Stock
Footnotes (2)
- [F1]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.
- [F2]Represents 802,051 shares of common stock held by the reporting person and 40,390 RSUs (none of which are currently vested).