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Filing Details

Accession Number:: 0001567619-22-010807
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2022-05-16 13:49:12
Reporting Period:: 2022-05-12

Accepted Time:: 2022-05-16 13:49:12
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

Show Other Fields >>

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	2022-05-12	2,750	$3.41	1,218,649	No	4	S	Indirect	Co-Trustee and beneficiary of James J. Cotter Living Trust
Class A Non-Voting Common Stock	Disposition	2022-05-13	2,750	$3.57	1,215,899	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

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

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.
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.
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 May 12, 2022, $3.37 to $3.53, inclusive? and(b) on May 13, 2022, $3.50 to $3.59, inclusive.
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.