SEC Form 4 · accession 0001019687-16-005464
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
Mar 10, 2016
Accepted (ET)
Mar 15, 2016 · 2:13 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000716634
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Mar 10, 2016 | A | 5,021 | A | — | — | Class A Nonvoting Common Stock | 5,021 | 5,021 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of the issuer's Class A Nonvoting Common Stock. The restricted stock units were awarded under the issuer's 2010 Stock Incentive Plan.
- F2The restricted stock units will vest 100% after one year from the date of grant, on March 9, 2017.
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 rights with respect thereto.