SEC Form 4 · accession 0001140361-17-018364
READING INTERNATIONAL INC · RDI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert F Smerling
Officer — President - Domestic Cinemas
Period of report
May 1, 2017
Accepted (ET)
May 4, 2017 · 10:14 am EDT
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 Stock | May 1, 2017 | M | 43,750 | $10.24 | A | 44,374 | D | |
| Class A Nonvoting Common Stock | May 1, 2017 | F | 34,637 | $15.73 | D | 9,737 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option; Right to Buy; Class A Non-Voting Common StockF3 | $10.24 | Mar 10, 2016 | M | 43,750 | D | May 9, 2007 | May 8, 2017 | Class A Non-Voting Common Stock | 43,750 | 0 | D |
| Stock Option; Right to Buy; Class A Non-Voting Common StockF3,F2 | $11.95 | Mar 10, 2016 | A | 19,921 | A | — | Mar 9, 2021 | Class A Non-Voting Common Stock | 19,921 | 19,921 | D |
| Stock Option; Right to Buy; Class A Non-Voting Common StockF3,F2 | $15.97 | Mar 23, 2017 | A | 17,341 | A | — | Mar 22, 2022 | Class A Non-Voting Common Stock | 17,341 | 17,341 | D |
| Restricted Stock UnitsF4,F3,F1,F2 | — | Mar 10, 2016 | A | 3,138 | A | — | — | Class A Non-Voting Common Stock | 3,138 | 3,138 | D |
| Restricted Stock UnitsF3,F1,F2 | — | Mar 23, 2017 | A | 3,757 | A | — | — | Class A Non-Voting Common Stock | 3,757 | 3,757 | D |
Explanation of responses
- F1Each Restricted Stock Unit represents the contingent right to receive one share of Class A Non-Voting Common Stock upon vesting of the unit.
- F2Granted pursuant to the Company's 2010 Stock Incentive Plan, vesting in four equal installments commencing on the first anniversary of the Date of Grant.
- F3In prior filings for the Reporting Person, Column 9 of Table II has included the cumulative total of all the outstanding stock option grants to acquire Class A Non-Voting Common Stock for the Reporting Person. Some of those stock option grants previously included in such total were separate classes of Derivative Securities not required to be reported in connection with the reported transaction. In this report, all of the Reporting Person's stock option grants to acquire Class A Common Stock are reported supplementally in Table II to assist in the comparison of prior filings.
- F4Original grant was on March 10, 2016 for 4,184 Restricted Stock Units, 25% of grant vested on March 10, 2017.