SEC Form 4 · accession 0001209191-17-008866
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
Feb 7, 2017
Accepted (ET)
Feb 8, 2017 · 6:12 pm EST
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 StockF1,F2 | Feb 7, 2017 | A | 33,190 | $0.00 | A | 1,277,325 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Consists 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 7, 2018. Vested shares of common stock will be delivered to the reporting person promptly following each vesting date.
- F2Represents 1,192,206 shares of common stock held by the reporting person and 85,119 RSUs (none of which are currently vested).