FRUCHER MEYER 4
4 · Reis, Inc. · Filed Jan 3, 2012
Insider Transaction Report
Form 4
Reis, Inc.REIS
FRUCHER MEYER
Director
Transactions
- Award
Restricted Stock Units
2012-01-03+1,260→ 1,260 total - Sale
Restricted Stock Units
2012-01-03−1,260→ 0 total
Footnotes (3)
- [F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of REIS 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 1,260 RSUs held by the reporting person.
- [F3]The 1,260 RSUs, along with 32,858 previously granted RSUs, have been transferred by the reporting person to a custodian for a minor family member under the uniform transfers to minors act. The reporting person disclaims beneficial ownership of all such RSUs, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or any other purpose.