SEC Form 4 · accession 0001209191-15-036111
Reis, Inc. · REIS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lloyd Lynford
Officer — President & CEO · Director · 10% Owner
Period of report
Apr 22, 2015
Accepted (ET)
Apr 24, 2015 · 4:44 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 | Apr 22, 2015 | S | 1,500 | $25.8008 | D | 1,228,363 | D | |
| Common StockF3 | Apr 24, 2015 | S | 2,152 | $25.75 | D | 1,226,211 | D |
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 November 17, 2014 under Rule 10b5-1 for the purpose of obtaining a degree of financial diversification.
- F2This transaction was executed in multiple trades during the day at prices ranging from $25.75 to $25.965 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.
- F3Represents 1,182,283 shares of common stock held by the reporting person and 43,928 RSUs (none of which are currently vested).