Filing Details

Accession Number:
0001567619-21-006888
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-03-24 18:17:11
Reporting Period:
2021-03-22
Accepted Time:
2021-03-24 18:17:11
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
716634 Reading International Inc RDI Services-Motion Picture Theaters (7830) 953885184
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1060902 M Ellen Cotter 5995 Sepulveda Blvd
Suite 300
Culver City CA 90230
Director, President And Ceo Yes Yes Yes Yes
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Non-Voting Common Stock Disposition 2021-03-22 4,000 $6.81 1,596,649 No 4 S Indirect Co-Trustee and beneficiary of James J. Cotter Living Trust
Class A Non-Voting Common Stock Disposition 2021-03-23 4,000 $6.52 1,592,649 No 4 S Indirect Co-Trustee and beneficiary of James J. Cotter Living Trust
Class A Non-Voting Common Stock Disposition 2021-03-24 4,000 $6.33 1,588,649 No 4 S Indirect Co-Trustee and beneficiary of James J. Cotter Living Trust
Class A Non-Voting Common Stock Acquisiton 2021-03-23 2,817 $0.00 789,790 No 4 M Direct
Class A Non-Voting Common Stock Disposition 2021-03-23 949 $6.64 788,841 No 4 F Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect Co-Trustee and beneficiary of James J. Cotter Living Trust
No 4 S Indirect Co-Trustee and beneficiary of James J. Cotter Living Trust
No 4 S Indirect Co-Trustee and beneficiary of James J. Cotter Living Trust
No 4 M Direct
No 4 F Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Non-Voting Common Stock Restricted Stock Units Disposition 2021-03-23 2,817 $0.00 2,817 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 M Direct
Footnotes
  1. The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the James J. Cotter Living Trust (the "Trust") on December 23, 2019.
  2. Ellen Cotter is a co-trustee of the Trust, a trust organized under the laws of CA. During the lifetime of James J. Cotter, Sr., the Trust was revocable by James J. Cotter, Sr., but the Trust became irrevocable upon the death of James J. Cotter, Sr. on September 13, 2014. The Trust serves as a vehicle for the management and distribution of the assets of James J. Cotter, Sr. Ellen Cotter and Margaret Cotter, acting together as co-trustees of the Trust, may be deemed to share voting and investment power over the shares of the Class A Non-Voting Common Stock directly beneficially owned by the Trust. Ellen Cotter disclaims beneficial ownership of the Class A Non-Voting Common Stock directly beneficially owned by the Trust and reported herein, except to the extent of her pecuniary interest therein. The extent of any pecuniary interest in Class A Non-Voting Common Stock to Ellen Cotter is dependent on certain factors yet to be resolved and is not currently known.
  3. The price reported in Column 4 is a weighted average price. The reporting person undertakes to provide to Reading International, Inc. ("Reading"), any security holder of Reading, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (3) to this Form 4. These shares were sold in multiple transactions at prices ranging from:(a) on March 22, 2021, $6.68 to $7.20, inclusive?(b) on March 23, 2021, $6.45 to $6.88, inclusive; and(c) on March 24, 2021, $6.07 to $6.63, inclusive.
  4. Each Restricted Stock Unit represents the contingent right to receive one share of Class A Non-Voting Common Stock upon vesting of the unit.
  5. 11,271 restricted stock units granted on March 23, 2017 pursuant to the Company's 2010 Stock Incentive Plan, vesting in four equal annual installments commencing on the first anniversary of the Date of Grant. The installments vest on March 23, 2018, March 23, 2019, March 23, 2020, and March 23, 2021.