SEC Form 4 · accession 0001019687-15-004331
READING INTERNATIONAL INC · RDI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James J Cotter Jr.
Officer — See Remarks · Director · 10% Owner
Period of report
Nov 20, 2015
Accepted (ET)
Nov 24, 2015 · 5:41 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000716634
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Nonvoting Common StockF1 | Nov 20, 2015 | S | 5,000 | $14.8342 | D | 826,686 | D | |
| Class A Nonvoting Common StockF2 | Nov 23, 2015 | S | 3,500 | $14.6987 | D | 823,186 | D | |
| Class A Nonvoting Common StockF3 | Nov 24, 2015 | S | 2,500 | $14.18 | D | 820,686 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the weighted average share price of an aggregate total of 5,000 shares sold in the price range of $14.72 to $14.9296 by the reporting person. The reporting person undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F2Represents the weighted average share price of an aggregate total of 3,500 shares sold in the price range of $14.6284 to $14.704 by the reporting person. The reporting person undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F3Represents the weighted average share price of an aggregate total of 2,500 shares sold in the price range of $14.1258 to $14.2484 by the reporting person. The reporting person undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
Remarks
On June 18, 2015 , the issuer disclosed in a Current Report on Form 8-K that, on June 12, 2015, the board of directors of the issuer terminated the employment of the reporting person as the issuer's President and Chief Executive Officer, effective immediately. The reporting person disputes the legal efficacy of such termination and reserves all legal rights with respect thereto.