SEC Form 4 · accession 0001140361-16-086856
READING INTERNATIONAL INC · RDI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William David Gould
Director
Period of report
Nov 11, 2016
Accepted (ET)
Nov 15, 2016 · 6:34 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 |
|---|---|---|---|---|---|---|---|---|
| Stock Options; Right to Buy Class A Non-voting Common StockF1,F2 | Nov 11, 2016 | A | 5,000 | $8.35 | A | 42,340 | D | |
| Stock Options; Right to Buy Class A Non-voting Common StockF1,F2 | Nov 11, 2016 | A | 1,979 | $8.35 | A | 44,319 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options; Right to Buy Class A Non-voting Common StockF2,F1 | $8.35 | Nov 11, 2016 | D | 5,000 | D | Jan 19, 2007 | Jan 19, 2017 | RDI Class A Nonvoting Common Stock | 5,000 | 14,000 | D |
| Stock Options; Right to Buy Class A Non-voting Common StockF2,F1 | $13.82 | Nov 11, 2016 | F | 3,021 | A | Jan 19, 2007 | Jan 19, 2017 | RDI Class A Nonvoting Common Stock | 3,021 | 10,979 | D |
| Stock Options; Right to Buy Class A Non-voting Common StockF2,F1 | $8.35 | Nov 11, 2016 | D | 1,979 | A | Jan 19, 2007 | Jan 19, 2017 | RDI Class A Nonvoting Common Stock | 1,979 | 9,000 | D |
Explanation of responses
- F1Mr. Gould exercised options to acquire 10,000 shares at $ 8.35 per share. The option exercise price for 5,000 of such options was paid $41,750.00 in cash, with the remaining 5,000 options exercised through a net exercise of options, where the shares surrendered were valued at $ 13.82, the closing price for Reading Class A Common Stock on Thursday, November 10, 2016, resulting in the issuance to Mr. Gould of 1,979 shares.
- F2Granted pursuant to the Company's 2010 Stock Incentive Plan.