Billionaire businessman and Dallas Mavericks co-owner Mark Cuban has filed a 13D related to his activist position in Reading International, Inc. (NASDAQ:RDI), a position he first went activist on last summer. The updated filing shows only a minor increase of 300 class B shares to Mr. Cuban’s stake in the theater and real estate owner and developer, lifting his stake to 207,913 class B voting shares. Mr. Cuban also owns 72,164 class A non-voting shares, unchanged from previous filings. You can see the details of the latest filing below.
You can access the original SEC filing by clicking here.
Ownership Summary Table
Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
---|---|---|---|---|---|---|
Mark Cuban | 207,913 | 0 | 207,913 | 0 | 12.4% |
Page 1 of 4 SEC Filing
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE
13D/A
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
READING INTERNATIONAL, INC. |
(Name of Issuer)
Class B Voting Common Stock, par value $0.01 per share |
(Title of Class of Securities)
755408200 |
(CUSIP Number)
Robert S. Hart, Esq. 5424 Deloache Avenue Dallas, Texas 75220 (214) |
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
February 19, 2016 |
(Date of Event Which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the
acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. ¨
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See § 240.13d-7
for other parties to whom copies are to be sent.
* | The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. |
The information required in the remainder of this cover page shall not be
deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act
(however, see the Notes).
Follow Reading International Inc (NASDAQ:RDI)
Follow Reading International Inc (NASDAQ:RDI)
Page 2 of 4 SEC Filing
CUSIP No. 755408200 |
1 | Names of Mark Cuban | |||||
2 | Check the Appropriate Box if a Member (a) ¨ (b) ¨ | |||||
3 | SEC Use Only. | |||||
4 | Source of funds PF | |||||
5 | Check if Disclosure of Legal ¨ | |||||
6 | Citizenship or Place of United States of America | |||||
Number of Shares Beneficially Owned by Each Reporting Person With: | 7 | Sole Voting Power: 207,913 | ||||
8 | Shared Voting Power: 0 | |||||
9 | Sole Dispositive Power: 207,913 | |||||
10 | Shared Dispositive Power: 0 | |||||
11 | Aggregate Amount Beneficially Owned by 207,913 | |||||
12 | Check if the Aggregate Amount in Row | |||||
13 | Percent of Class Represented by Amount 12.4% (1) | |||||
14 | Type of Reporting Person (See IN |
(1) | Based on 1,680,590 shares of Class B Voting Common Stock, $0.01 par value per share outstanding at November 6, 2015, as reported in the Issuers quarterly report on Form 10-Q for the quarter ended September 30, 2015, filed with the Securities and Exchange Commission (the Commission) on November 6, 2015. Mr. Cuban also owns 72,164 shares of Class A Nonvoting Common Stock of the Issuer. |
Follow Reading International Inc (NASDAQ:RDI)
Follow Reading International Inc (NASDAQ:RDI)
Page 3 of 4 SEC Filing
This Amendment No. 2 to Schedule 13D amends and supplements the Schedule 13D filed by Mark Cuban with the Securities and Exchange
Commission (the Commission) on August 3, 2015, as amended by that Schedule 13D/A filed with the Commission on November 06, 2014, (as amended and supplemented, collectively, the Schedule 13D), relating
to the Class B Voting Common Stock, par value $0.01 per share (the Class B Shares) of Reading International, Inc. (the Issuer), whose principal executive offices are located at 6100 Center Drive, Suite 900, Los
Angeles, CA 90045. Initially capitalized terms used herein that are not otherwise defined herein shall have the same meanings attributed to them in the Schedule 13D. Except as expressly provided for herein, all Items of the Schedule 13D remain
unchanged.
Item 3. Source and Amount of Funds or Other Consideration
Through a personal investment account, the Class B Shares were purchased for an aggregate purchase price of approximately $1,047,439 using
personal funds of Mr. Cuban.
Item 5. Interest in Securities of Issuer
(a) All percentages set forth in this statement are based on 1,680,590 Class B Shares outstanding as reported in the Issuers Quarterly
Report on Form 10-Q filed with the Commission on November 6, 2015. As of the date of the filing of this Schedule 13D, Mr. Cuban is the beneficial owner of 207,913 Class B Shares, which represents approximately 12.4% of the Class B
Shares outstanding.
(b) Mr. Cuban has the sole power to vote or to direct the vote and the sole power to dispose or to direct the
disposition of 207,913 Class B Shares
(c) The following table discloses the transactions in shares of Class B Shares by Mr. Cuban
since the filing of the Schedule 13D/A on November 06, 2014:
Date | Type of Transaction | Number of Shares | Price per share | |||||||
11/11/2015 | Open Market Purchase | 300 | $ | 16.52 |
(d) No person is known to have the right to receive or the power to direct the receipt of dividends from, or
the proceeds from the sale of, the Class B Shares.
(e) Not applicable.
Follow Reading International Inc (NASDAQ:RDI)
Follow Reading International Inc (NASDAQ:RDI)
Page 4 of 4 SEC Filing
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true,
complete and correct.
Date: February 19, 2016 | MARK CUBAN | |||||
/s/ Mark Cuban | ||||||
Mark Cuban |