Filing Details
- Accession Number:
- 0001567619-22-011716
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-05-25 18:58:24
- Reporting Period:
- 2022-05-23
- Accepted Time:
- 2022-05-25 18:58:24
- 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 | 2022-05-23 | 2,750 | $3.35 | 1,199,399 | No | 4 | S | Indirect | Co-Trustee and beneficiary of James J. Cotter Living Trust |
Class A Non-Voting Common Stock | Disposition | 2022-05-24 | 2,750 | $3.36 | 1,196,649 | No | 4 | S | Indirect | Co-Trustee and beneficiary of James J. Cotter Living Trust |
Class A Non-Voting Common Stock | Disposition | 2022-05-25 | 2,750 | $3.43 | 1,193,899 | 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
- 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 23, 2022, $3.35 to $3.365, inclusive?(b) on May 24, 2022, $3.35 to $3.42, inclusive; and(c) on May 25, 2022, $3.36 to $3.53, 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.