X0306 4 2017-02-10 0 0001038222 Reis, Inc. REIS 0001195496 CANTALUPPI MARK P C/O REIS. INC. 1185 AVENUE OF THE AMERICAS, 30TH FLOOR NEW YORK NY 10036 0 1 0 0 VP & CFO Common Stock 2017-02-10 4 S 0 893 20.0719 D 114328 D Common Stock 2017-02-13 4 S 0 1263 20.2288 D 113065 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 $20.05 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 $20.00 to $20.30. 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 97,269 shares of common stock held by the reporting person and 15,796 RSUs (none of which are currently vested) previously granted to the reporting person. /s/ Mark P. Cantaluppi 2017-02-14