Home > Insider Trading > Filing (0001209191-16-098083)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1038222	Reis Inc.	REIS	Services-Business Services, Nec (7389)	133926898

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1400894	Lloyd Lynford	C/O Reis, Inc. 530 Fifth Avenue, 5Th Floor New York NY 10036	President & Ceo	Yes	Yes	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2016-02-09	30,889	$0.00	1,252,597	No	4	A	Direct
Common Stock	Disposition	2016-02-10	2,360	$20.98	1,250,237	No	4	S	Direct
Common Stock	Disposition	2016-02-11	3,059	$21.19	1,247,178	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	A	Direct
No	4	S	Direct
No	4	S	Direct

Footnotes

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.
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.
Represents 1,187,018 shares of common stock held by the reporting person and 60,160 RSUs (none of which are currently vested).