SEC Form 4 · accession 0001683168-18-000047
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
Jan 2, 2018
Accepted (ET)
Jan 4, 2018 · 4:24 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 | Jan 2, 2018 | M | 4,383 | — | A | 377,987 | 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 | — | Jan 2, 2018 | M | 4,383 | D | — | — | Class A Non-Voting Common Stock | 4,383 | 0 | D |
| Restricted Stock UnitsF1,F3 | — | Jan 2, 2018 | A | 4,199 | A | — | — | Class A Non-Voting Common Stock | 4,199 | 4,199 | D |
Explanation of responses
- F1Each restricted stock unit represents the contingent right to receive one share of the issuer's Class A Non-Voting Common Stock upon vesting of unit. The restricted stock units were granted pursuant to the Company's 2010 Stock Incentive Plan.
- F2The restricted stock units vest on January 2, 2018 (the first business day of 2018).
- F3The restricted stock units vest on January 2, 2019 (the first business day of 2019).
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.