-----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, JrYwup2ARYVBODd6QZ5FO4mWunzJeXCKURIFTxoIhvndP5KP2OoadcHf3eeDV+fC G59VjIEIgslCKiKnGlH/Fw== 0001209191-08-066550.txt : 20081218 0001209191-08-066550.hdr.sgml : 20081218 20081218192130 ACCESSION NUMBER: 0001209191-08-066550 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20081216 FILED AS OF DATE: 20081218 DATE AS OF CHANGE: 20081218 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: 530 FIFTH AVENUE STREET 2: 5TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10036 BUSINESS PHONE: 2129211122 MAIL ADDRESS: STREET 1: 530 FIFTH AVENUE STREET 2: 5TH FLOOR 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 JEFFREY H CENTRAL INDEX KEY: 0001195493 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12917 FILM NUMBER: 081258544 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 4 1 doc4.xml FORM 4 SUBMISSION X0303 4 2008-12-16 0 0001038222 Reis, Inc. REIS 0001195493 LYNFORD JEFFREY H C/O REIS, INC. 530 FIFTH AVENUE, 5TH FLOOR NEW YORK NY 10036 1 1 0 0 Chairman Common Stock 2008-12-16 5 J 0 E 61130 0.00 D 40870 I Held in Trust Common Stock 2008-12-16 5 J 0 E 61130 0.00 A 637010 D Common Stock 2008-12-17 5 J 0 E 40870 0.00 D 0 I Held in Trust Common Stock 2008-12-17 5 J 0 E 40870 0.00 A 677880 D As previously disclosed, on November 12, 2007, for estate planning purposes, the Reporting Person transferred by gift 102,000 shares of Common Stock to the Jeffrey Lynford 2007 Grantor Retained Annuity Trust (the "GRAT"), an irrevocable trust whose trustee is Tondra C. Lynford, the wife of the Reporting Person. On December 16, 2008, the GRAT distributed to the Reporting Person 61,130 shares of Common Stock in satisfaction of the annuity payment payable to the Reporting Person during the first taxable year of the GRAT pursuant to the trust agreement governing the GRAT. Held by the GRAT. Since the Reporting Person's wife is the trustee of the GRAT and the Reporting Person is the primary beneficiary of the GRAT, the Reporting Person may be deemed to indirectly beneficially own the shares of Common Stock held by the GRAT. Includes 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. On December 17, 2008, the GRAT distributed to the Reporting Person 40,870 shares of Common Stock in satisfaction of the annuity payment payable to the Reporting Person during the second taxable year of the GRAT pursuant to the trust agreement governing the GRAT (at the time of this distribution, the assets held by the GRAT were insufficient to pay the full value of this annuity payment, and, accordingly, all assets of the GRAT were distributed to the Reporting Person and the GRAT was terminated). /s/ Alexander G. Simpson, as Attorney-in-Fact 2008-12-18 EX-24.4_266533 2 poa.txt POA DOCUMENT POWER OF ATTORNEY Know all by these presents, that the undersigned hereby constitutes and appoints each of Jeffrey H. Lynford, James J. Burns, Mark P. Cantaluppi, Jonathan Garfield and Alexander G. Simpson, signing singly, the undersigned's true and lawful attorney-in-fact to: (1) execute for and on behalf of the undersigned, in the undersigned's capacity as an officer and/or director of Reis, Inc. (the "Company"), Forms 3, 4 and 5 in accordance with Section 16(a) of the Securities Exchange Act of 1934 and the rules thereunder; (2) do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Form 3, 4, or 5, complete and execute any amendment or amendments thereto, and timely file such form with the United States Securities and Exchange Commission and any stock exchange or similar authority; and (3) take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact's discretion. The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-fact's substitute or substitutes, shall lawfully do or cause to be done by virtue of this power of attorney and the rights and powers herein granted. The undersigned acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming, nor is the Company assuming, any of the undersigned's responsibilities to comply with Section 16 of the Securities Exchange Act of 1934. This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4 and 5 with respect to the undersigned's holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact. IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 2nd day of April, 2008. /s/ Jeffrey Lynford - ------------------------------- Signature Jeffrey Lynford - ------------------------------- Print Name -----END PRIVACY-ENHANCED MESSAGE-----