SEC Form 4 · accession 0001209191-15-026035
Reis, Inc. · REIS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jonathan Garfield
Officer — Executive Vice President · Director
Period of report
Mar 12, 2015
Accepted (ET)
Mar 13, 2015 · 4:17 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001038222
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Mar 12, 2015 | S | 6,608 | $25.43 | D | 864,158 | D | |
| Common StockF3 | holding | — | — | — | 36,093 | I | By Family Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Transactions carried out by the reporting person pursuant to a plan established on December 3, 2014 under Rule 10b5-1 for the purpose of obtaining a degree of financial diversification.
- F2Represents 829,706 shares of common stock held by the reporting person and 34,452 RSUs (none of which are currently vested).
- F3The 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.