Garfield Jonathan 4
4 · Reis, Inc. · Filed Feb 14, 2018
Insider Transaction Report
Form 4
Reis, Inc.REIS
Garfield Jonathan
DirectorExecutive Vice President
Transactions
- Sale
Common Stock
2018-02-12$18.38/sh−200$3,675→ 883,620 total - Sale
Common Stock
2018-02-13$17.73/sh−400$7,090→ 883,220 total - Sale
Common Stock
2018-02-14$17.60/sh−5,201$91,516→ 878,019 total
Holdings
- 36,093(indirect: By Trust)
Common Stock
Footnotes (3)
- [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 6, 2017, 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 $17.05 to $17.90. 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]Represents 825,264 shares of common stock held by the reporting person and 52,755 RSUs (none of which are currently vested).