Ellen Cotter - Apr 13, 2022 Form 4 Insider Report for READING INTERNATIONAL INC (RDI)

Role
Director, President and CEO, Director, Member of Sec.13(d)(3) Group, 10%+ Owner
Signature
/s/ Ellen Cotter
Stock symbol
RDI
Transactions as of
Apr 13, 2022
Transactions value $
-$3,918
Form type
4
Date filed
4/14/2022, 04:19 PM
Previous filing
Apr 13, 2022
Next filing
Apr 19, 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDI Class A Non-Voting Common Stock Options Exercise +2.75K +0.34% 823K Apr 13, 2022 Direct F2
transaction RDI Class A Non-Voting Common Stock Tax liability -$3.92K -951 -0.12% $4.12 822K Apr 13, 2022 Direct
holding RDI Class A Non-Voting Common Stock 1.28M Apr 13, 2022 Co-Trustee and beneficiary of James J. Cotter Living Trust F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RDI Restricted Stock Units Options Exercise $0 -2.75K -100% $0.00* 0 Apr 13, 2022 Class A Non-Voting Common Stock 2.75K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Each Restricted Stock Unit represents the contingent right to receive one share of Class A Non-Voting Common Stock upon vesting of the unit.
F3 11,002 restricted stock units were granted on April 13, 2018 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 April 13, 2019, April 13, 2020, April 13, 2021, and April 13, 2022.