-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, DGqGxs83u1rvNQAmM3RSGPaJJzBlmpHtIeA0CuLdyeODD7SC9peEsxjCeo0z9UcS 6sAasA8ommrfZMwRupzJmQ== 0000950138-07-000533.txt : 20070622 0000950138-07-000533.hdr.sgml : 20070622 20070622163617 ACCESSION NUMBER: 0000950138-07-000533 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20070620 FILED AS OF DATE: 20070622 DATE AS OF CHANGE: 20070622 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: GERMAIN MARK CENTRAL INDEX KEY: 0001195498 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12917 FILM NUMBER: 07936854 BUSINESS ADDRESS: BUSINESS PHONE: 2128121900 MAIL ADDRESS: STREET 1: WELLSFORD REAL PROPERTIES INC STREET 2: 535 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Reis, Inc. CENTRAL INDEX KEY: 0001038222 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 133926898 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 535 MADISON AVENUE STREET 2: 26TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2128383400 MAIL ADDRESS: STREET 1: 535 MADISON AVENUE STREET 2: 26TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 FORMER COMPANY: FORMER CONFORMED NAME: WELLSFORD REAL PROPERTIES INC DATE OF NAME CHANGE: 19970423 4 1 june22germain-4_ex.xml X0202 4 2007-06-20 0 0001038222 Reis, Inc. WRP 0001195498 GERMAIN MARK 15 BANK STREET WHITE PLAINS NY 10606 1 0 0 0 Common Stock 2007-06-20 4 M 0 8862 8.89 A 12098 D Common Stock 2007-06-20 4 D 0 8862 9.415 D 3236 D Common Stock 2007-06-20 4 M 0 8862 5.03 A 12098 D Common Stock 2007-06-20 4 D 0 8862 9.415 D 3236 D Common Stock 2007-06-20 4 M 0 8862 4.60 A 12098 D Common Stock 2007-06-20 4 D 0 8862 9.415 D 3236 D Common Stock 2007-06-20 4 M 0 8862 4.43 A 12098 D Common Stock 2007-06-20 4 D 0 8862 9.415 D 3236 D Common Stock 2007-06-20 4 M 0 8862 5.43 A 12098 D Common Stock 2007-06-20 4 D 0 8862 9.415 D 3236 D Common Stock 2007-06-20 4 M 0 8862 4.46 A 12098 D Common Stock 2007-06-20 4 D 0 8862 9.415 D 3236 D Common Stock 2007-06-20 4 M 0 8862 5.24 A 12098 D Common Stock 2007-06-20 4 D 0 8862 9.415 D 3236 D Common Stock 2007-06-20 4 M 0 8862 4.09 A 12098 D Common Stock 2007-06-20 4 D 0 8862 9.415 D 3236 D Option (Right to Buy) 8.89 2007-06-20 4 M 0 8862 0 D 1998-06-05 2008-03-15 Common Stock 8862 0 D Option (Right to Buy) 5.03 2007-06-20 4 M 0 8862 0 D 1999-06-10 2008-12-09 Common Stock 8862 0 D Option (Right to Buy) 4.60 2007-06-20 4 M 0 8862 0 D 2000-06-10 2009-12-09 Common Stock 8862 0 D Option (Right to Buy) 4.43 2007-06-20 4 M 0 8862 0 D 2001-06-08 2010-12-07 Common Stock 8862 0 D Option (Right to Buy) 5.43 2007-06-20 4 M 0 8862 0 D 2002-06-07 2011-12-06 Common Stock 8862 0 D Option (Right to Buy) 4.46 2007-06-20 4 M 0 8862 0 D 2002-12-31 2012-12-30 Common Stock 8862 0 D Option (Right to Buy) 5.24 2007-06-20 4 M 0 8862 0 D 2003-12-31 2013-12-30 Common Stock 8862 0 D Option (Right to Buy) 4.09 2007-06-20 4 M 0 8862 0 D 2004-12-31 2014-12-30 Common Stock 8862 0 D Each transaction reported reflects a cash settlement of the option whereby the Issuer paid to the Reporting Person an amount equal to the fair market value of the shares underlying the option over the aggregate exercise price of the option with the option then being cancelled. As permitted by the Company's former Plan of Liquidation (pursuant to which the Company made an initial liquidating distribution of $14.00 per Common Share on December 14, 2005) and incentive plans, the Company's outstanding options have been adjusted to prevent a dilution of benefits to option holders. Accordingly, on March 21, 2006 the number of Common Shares underlying such option was increased from 2,500 to 8,862, and the exercise price was decreased from $31.50 to $8.89. As permitted by the Company's former Plan of Liquidation (pursuant to which the Company made an initial liquidating distribution of $14.00 per Common Share on December 14, 2005) and incentive plans, the Company's outstanding options have been adjusted to prevent a dilution of benefits to option holders. Accordingly, on March 21, 2006 the number of Common Shares underlying such option was increased from 2,500 to 8,862, and the exercise price was decreased from $17.82 to $5.03. As permitted by the Company's former Plan of Liquidation (pursuant to which the Company made an initial liquidating distribution of $14.00 per Common Share on December 14, 2005) and incentive plans, the Company's outstanding options have been adjusted to prevent a dilution of benefits to option holders. Accordingly, on March 21, 2006 the number of Common Shares underlying such option was increased from 2,500 to 8,862, and the exercise price was decreased from $16.30 to $4.60. As permitted by the Company's former Plan of Liquidation (pursuant to which the Company made an initial liquidating distribution of $14.00 per Common Share on December 14, 2005) and incentive plans, the Company's outstanding options have been adjusted to prevent a dilution of benefits to option holders. Accordingly, on March 21, 2006 the number of Common Shares underlying such option was increased from 2,500 to 8,862, and the exercise price was decreased from $15.6875 to $4.43. As permitted by the Company's former Plan of Liquidation (pursuant to which the Company made an initial liquidating distribution of $14.00 per Common Share on December 14, 2005) and incentive plans, the Company's outstanding options have been adjusted to prevent a dilution of benefits to option holders. Accordingly, on March 21, 2006 the number of Common Shares underlying such option was increased from 2,500 to 8,862, and the exercise price was decreased from $19.25 to $5.43. As permitted by the Company's former Plan of Liquidation (pursuant to which the Company made an initial liquidating distribution of $14.00 per Common Share on December 14, 2005) and incentive plans, the Company's outstanding options have been adjusted to prevent a dilution of benefits to option holders. Accordingly, on March 21, 2006 the number of Common Shares underlying such option was increased from 2,500 to 8,862, and the exercise price was decreased from $15.80 to $4.46. As permitted by the Company's former Plan of Liquidation (pursuant to which the Company made an initial liquidating distribution of $14.00 per Common Share on December 14, 2005) and incentive plans, the Company's outstanding options have been adjusted to prevent a dilution of benefits to option holders. Accordingly, on March 21, 2006 the number of Common Shares underlying such option was increased from 2,500 to 8,862, and the exercise price was decreased from $18.58 to $5.24. As permitted by the Company's former Plan of Liquidation (pursuant to which the Company made an initial liquidating distribution of $14.00 per Common Share on December 14, 2005) and incentive plans, the Company's outstanding options have been adjusted to prevent a dilution of benefits to option holders. Accordingly, on March 21, 2006 the number of Common Shares underlying such option was increased from 2,500 to 8,862, and the exercise price was decreased from $14.48 to $4.09. /s/ Mark P. Cantaluppi, as Attorney-in-Fact 2007-06-22 -----END PRIVACY-ENHANCED MESSAGE-----