0001209191-17-010665.txt : 20170214 0001209191-17-010665.hdr.sgml : 20170214 20170214175028 ACCESSION NUMBER: 0001209191-17-010665 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170210 FILED AS OF DATE: 20170214 DATE AS OF CHANGE: 20170214 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Reis, Inc. CENTRAL INDEX KEY: 0001038222 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 133926898 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1185 AVENUE OF THE AMERICAS STREET 2: FLOOR 30 CITY: NEW YORK STATE: NY ZIP: 10036 BUSINESS PHONE: 2129211122 MAIL ADDRESS: STREET 1: 1185 AVENUE OF THE AMERICAS STREET 2: FLOOR 30 CITY: NEW YORK STATE: NY ZIP: 10036 FORMER COMPANY: FORMER CONFORMED NAME: WELLSFORD REAL PROPERTIES INC DATE OF NAME CHANGE: 19970423 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Lynford Lloyd CENTRAL INDEX KEY: 0001400894 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12917 FILM NUMBER: 17611406 MAIL ADDRESS: STREET 1: C/O REIS SERVICES LLC STREET 2: 530 FIFTH AVENUE CITY: NEW YORK STATE: NY ZIP: 10036 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2017-02-10 0 0001038222 Reis, Inc. REIS 0001400894 Lynford Lloyd C/O REIS, INC. 1185 AVENUE OF THE AMERICAS, 30TH FLOOR NEW YORK NY 10036 1 1 1 0 President & CEO Common Stock 2017-02-10 4 S 0 3978 20.0176 D 1273347 D Common Stock 2017-02-13 4 S 0 1300 20.0115 D 1272047 D Common Stock 2017-02-14 4 S 0 4215 19.90 D 1267832 D The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 20, 2016, providing for the sale of shares of common stock for the sole purpose of paying federal, state and other mandatory withholding obligations incident to the vesting and delivery of Restricted Stock Units ("RSUs"). The reporting person did not sell or otherwise dispose of any of the shares 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 $20.00 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. This transaction was executed in multiple trades during the day at prices ranging from $19.95 to $20.20. 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. Represents 1,207,666 shares of common stock held by the reporting person and 60,166 RSUs (none of which are currently vested). /s/ Mark P. Cantaluppi, as Attorney-in-Fact 2017-02-14