LYNFORD JEFFREY H 4
4 · Reis, Inc. · Filed Jan 3, 2011
Insider Transaction Report
Form 4
Reis, Inc.REIS
LYNFORD JEFFREY H
DirectorChairman
Transactions
- Award
Restricted Stock Units
2011-01-03+1,635→ 543,675 total
Holdings
- 35,936(indirect: By Trust)
Common Stock
Footnotes (2)
- [F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of common stock. The RSUs are immediately vested upon grant. Shares of common stock will be delivered to the reporting person six months after termination of service as a director.
- [F2]Represents 4,041 RSUs, 371,293 shares of common stock held directly by the reporting person, 164,787 shares of common stock held in a non-qualified deferred compensation trust with respect to which the reporting person has neither voting nor dispositive power until such shares are distributed from the deferred compensation account, and 3,554 shares of common stock held in the reporting person's Keogh account.