RealPage Chairman and Chief Executive Officer Adopts Rule 10b5-1 Trading Plan

  RealPage Chairman and Chief Executive Officer Adopts Rule 10b5-1 Trading

Business Wire

CARROLLTON, Texas -- June 14, 2013

RealPage, Inc. (Nasdaq:RP), a leading provider of on-demand software and
software-enabled services to the rental housing industry, today announced that
Steve Winn, Chairman and CEO of RealPage, and his affiliates adopted a
pre-arranged stock trading plan in accordance with guidelines specified under
Rule 10b5-1 of the Securities Exchange Act of 1934 and RealPage’s policies
regarding stock transactions. Mr.Winn and his affiliates adopted a
pre-arranged stock trading plan on June 14, 2012, which will expire September
16, 2013, prior to any sales under the new Rule 10b5-1 trading plan.

The new Rule 10b5-1 trading plan was adopted to enable Mr.Winn and his
affiliates to sell a portion of their RealPage stock over time as part of
Mr.Winn’s long-term strategy for asset diversification and liquidity. The
transactions under the Rule 10b5-1 trading plan will be disclosed publicly
through Form 4 filings with the Securities and Exchange Commission.Utilizing
this type of trading plan, Mr.Winn can gradually diversify his investment
portfolio, spreading stock trades out over an extended period of time and
reducing market impact.In addition, as a result of being established well in
advance of a potential trade, the Rule 10b5-1 trading plan helps
avoidconcerns as to whether Mr.Winn or his affiliates had material,
non-public information when a decision is made to sell stock.

Mr.Winn and his affiliates currently hold 26,702,081 shares of common stock,
which represents approximately 34.74% of RealPage’s outstanding capital stock.
Mr.Winn and his affiliates intend to sell approximately 2,040,000 shares
under the Rule 10b5-1 trading plan over 12 months as part of a diversification
plan. If all sales under the new Rule 10b5-1 trading plan are conducted,
Mr.Winn and his affiliates will collectively retain approximately 92.4% of
their current holdings of RealPage stock. For purposes of calculating Mr. Winn
and his affiliates’ percentage ownership, stock options exercisable within 60
days after June 14, 2013 are included but not the stock options of any other
person or group.

About RealPage

Located in Carrollton, Texas, a suburb of Dallas, RealPage provides on demand
(also referred to as “Software-as-a-Service” or “SaaS”) products and services
to apartment communities and single family rentals across the United States.
Its on demand product lines include OneSite ® property management systems that
automate the leasing, renting, management, and accounting of conventional,
affordable, tax credit, student living, senior living and military housing
properties; LeaseStar™ multichannel managed marketing that enables owners to
originate, syndicate, manage and capture leads more effectively and at less
overall cost; YieldStar ® asset optimization systems that enable owners and
managers to optimize rents to achieve the overall highest yield, or
combination of rent and occupancy, at each property; Velocity™ billing and
utility management services that increase collections and reduce
delinquencies; LeasingDesk ® risk mitigation systems that are designed to
reduce a community’s exposure to risk and liability; OpsTechnology ® spend
management systems that help owners manage and control operating expenses; and
Compliance Depot™ vendor management and qualification services to assist a
community in managing its compliance vendor program. Supporting this family of
SaaS products is a suite of shared cloud services including electronic
payments, document management, decision support and learning. RealPage’s
MyNewPlace ® subsidiary is one of the largest lead generation apartment and
home rental websites, offering apartment owners and managers qualified,
prospective residents through subscription, pay-per-lead and LeaseMatch
pay-per-lease programs. Through its Propertyware subsidiary, RealPage also
provides software and services to single-family rentals and low density,
centrally-managed multifamily housing. For more information, call
1-87-REALPAGE or visit


RealPage, Inc.
Rhett Butler, 972-820-3773
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