Filing Details
- Accession Number:
- 0001209191-18-008580
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-02-08 19:19:42
- Reporting Period:
- 2018-02-06
- Accepted Time:
- 2018-02-08 19:19:42
- 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 |
|---|---|---|---|---|---|---|---|
| 1400894 | Lloyd Lynford | C/O Reis, Inc. 1185 Avenue Of The Americas, 30Th 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 | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2018-02-06 | 35,403 | $0.00 | 1,303,235 | No | 4 | A | Direct | |
| Common Stock | Disposition | 2018-02-07 | 4,250 | $18.86 | 1,298,985 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | A | 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 6, 2019. Vested shares of common stock will be delivered to the reporting person promptly following each vesting date.
- The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 7, 2017,providing for the sale of shares of common stock for the sole purpose of paying federal, state and other mandatory withholding obligationsincident to the vesting and delivery of Restricted Stock Units ("RSUs"). The reporting person did not sell or otherwise dispose of any of theshares reported on this Form 4 for any reason other than to cover the required taxes.
- This transaction was executed in multiple trades during the day at prices ranging from $18.60 to $19.35. The weighted average sale price isreported above. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a securityholder of the issuer fullinformation regarding the number of shares and prices at which the transaction was effected.
- Represents 1,214,479 shares of common stock held by the reporting person and 84,506 RSUs (none of which are currently vested).
Billionaire Hedge Funds
