Filing Details

Accession Number:
0001209191-17-010611
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-02-14 17:43:45
Reporting Period:
2017-02-10
Filing Date:
2017-02-14
Accepted Time:
2017-02-14 17:43:45
SEC Url:
Form 4 Filing
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
1400896 Jonathan Garfield C/O Reis, Inc.
1185 Avenue Of The Americas, 30Th Floor
New York NY 10036
Executive Vice President Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2017-02-10 3,485 $20.02 864,771 No 4 S Direct
Common Stock Disposition 2017-02-13 2,100 $20.00 862,671 No 4 S Direct
Common Stock Disposition 2017-02-14 2,661 $19.89 860,010 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 36,093 Indirect By Family Trust
Footnotes
  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. Represents 813,213 shares of common stock held by the reporting person and 46,797 RSUs (none of which are currently vested).
  6. 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.