Reis, Inc. 4
4 · Reis, Inc. · Filed Jan 27, 2017
Insider Transaction Report
Form 4
Reis, Inc.REIS
CANTALUPPI MARK P
VP & CFO
Transactions
- Exercise/Conversion
Common Stock
2017-01-26$10.40/sh+25,000$260,000→ 123,636 total - Sale
Common Stock
2017-01-26$20.14/sh−9,300$187,316→ 114,336 total - Exercise/Conversion
Employee Stock Option (right to buy)
2017-01-26−25,000→ 25,000 totalExercise: $10.40Exp: 2017-05-30→ Common Stock (25,000 underlying) - Sale
Common Stock
2017-01-27$20.06/sh−8,615$172,806→ 105,721 total
Footnotes (5)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 28, 2016 for the purpose of paying exercise proceeds and withholding tax obligations on option exercises.
- [F2]This transaction was executed in multiple trades during the day at prices ranging from $20.00 to $20.50. The weighted average sale price is reported above. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a securityholder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F3]This transaction was executed in multiple trades during the day at prices ranging from $20.0001 to $20.175. The weighted average sale price is reported above. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a securityholder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F4]Represents 93,603 shares of common stock held by the reporting person and 12,118 RSUs (none of which are currently vested) previously granted to the reporting person.
- [F5]The option vested in five equal installments on May 30, 2008, 2009, 2010, 2011 and 2012.