Filing Details

Accession Number:
0001567619-22-009040
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-04-27 18:20:07
Reporting Period:
2022-04-25
Accepted Time:
2022-04-27 18:20:07
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
1193738 Margaret Cotter 5995 Sepulveda Blvd
Suite 300
Culver City CA 90230
Chairperson, Evp - Re Dev/Ny 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 2022-04-25 2,750 $3.97 1,254,399 No 4 S Indirect Co-Trustee and beneficiary of James J. Cotter Living Trust
Class A Non-Voting Common Stock Disposition 2022-04-26 2,750 $3.97 1,251,649 No 4 S Indirect Co-Trustee and beneficiary of James J. Cotter Living Trust
Class A Non-Voting Common Stock Disposition 2022-04-27 2,750 $3.85 1,248,899 No 4 S Indirect Co-Trustee and beneficiary of James J. Cotter Living Trust
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
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Non-Voting Common Stock 84,956 Indirect Sole-Trustee of James J. Cotter Education Trust #1
Class A Non-Voting Common Stock 776,926 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 22, 2021.
  2. Margaret 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. Margaret 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 Margaret 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 April 25, 2022, $3.94 to $4.07, inclusive?(b) on April 26, 2022, $3.92 to $4.025, inclusive; and(c) on April 27, 2022, $3.80 to $3.95, inclusive.
  4. As per joint stipulation and court order, Margaret Cotter and James J. Cotter Jr. (deceased), co-trustees of the James J. Cotter Grandchildren Trust, a trust established for James J. Cotter Sr.'s grandchildren, divided the trust into two separate trusts whereby each is the sole trustee of their children's education trust. Margaret Cotter is the sole-trustee of the James J. Cotter Education Trust #1 (the "Trust"), and may be deemed to be indirect beneficial owners of the Class A Non-voting Common Stock directly beneficially owned by such Trust. Margaret Cotter disclaims beneficial ownership in such shares, except to the extent of any pecuniary interest therein.