4//SEC Filing
Reis, Inc. 4
Accession 0001209191-17-010611
CIK 0001038222operating
Filed
Feb 13, 7:00 PM ET
Accepted
Feb 14, 5:43 PM ET
Size
11.2 KB
Accession
0001209191-17-010611
Insider Transaction Report
Form 4
Reis, Inc.REIS
Garfield Jonathan
DirectorExecutive Vice President
Transactions
- Sale
Common Stock
2017-02-10$20.02/sh−3,485$69,784→ 864,771 total - Sale
Common Stock
2017-02-13$20.00/sh−2,100$42,008→ 862,671 total - Sale
Common Stock
2017-02-14$19.89/sh−2,661$52,930→ 860,010 total
Holdings
- 36,093(indirect: By Trust)
Common Stock
Footnotes (6)
- [F1]The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 20, 2016, providing for the sale of shares of common stock for the sole purpose of paying federal, state and other mandatory withholding obligations incident to 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]This transaction was executed in multiple trades during the day at prices ranging from $20.00 to $20.20. 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 $19.95 to $20.20. 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]This transaction was executed in multiple trades during the day at prices ranging from $19.80 to $20.00. 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.
- [F5]Represents 813,213 shares of common stock held by the reporting person and 46,797 RSUs (none of which are currently vested).
- [F6]The reported securities are held by the Jonathan Garfield Family Trust. The reporting person's wife is the trustee of the trust and certain relatives of the reporting person are beneficiaries of the trust. The reporting person disclaims beneficial ownership of these securities, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
Documents
Issuer
Reis, Inc.
CIK 0001038222
Entity typeoperating
IncorporatedMD
Related Parties
1- filerCIK 0001038222
Filing Metadata
- Form type
- 4
- Filed
- Feb 13, 7:00 PM ET
- Accepted
- Feb 14, 5:43 PM ET
- Size
- 11.2 KB