SEC Form 4 · accession 0001209191-17-010069
Reis, Inc. · REIS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Sander
Officer — COO of Reis Services, LLC
Period of report
Feb 9, 2017
Accepted (ET)
Feb 13, 2017 · 5:11 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 StockF2,F3 | Feb 9, 2017 | S | 8,635 | $19.9723 | D | 162,791 | 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 December 22, 2016 under Rule 10b5-1 for the purpose of paying exercise proceeds and withholding tax obligations on option exercises.
- F2This transaction was executed in multiple trades during the day at prices ranging from $19.90 to $20.10. 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 123,213 shares of common stock held by the reporting person and 39,578 RSUs (none of which are currently vested) previously granted to the reporting person.