SEC Form 4 · accession 0001683168-17-000557
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, 2017
Accepted (ET)
Mar 14, 2017 · 5:02 pm 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 StockF1 | Mar 10, 2017 | M | 5,021 | — | A | 423,604 | D |
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, 2017 | M | 5,021 | D | — | — | Class A Nonvoting Common Stock | 5,021 | 0 | 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.
- F2On March 10, 2016, the reporting person was granted 5,021 Restricted Stock Units, which vested 100% 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.