Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

READING INTERNATIONAL INC Director's Dealing 2015

Oct 9, 2015

34600_dirs_2015-10-09_71a54405-0cda-4104-8dca-a173691acdcf.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: READING INTERNATIONAL INC (RDI)
CIK: 0000716634
Period of Report: 2014-12-31

Reporting Person: Estate of James J. Cotter, Sr., Deceased (10% Owner, Member of Sec.13(d)(3) Group)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-12-31 Class A Non-Voting Common Stock A 160643 $7.47 Acquired 408263 Direct
2015-09-21 Class A Non-Voting Common Stock F 81463 $12.57 Disposed 326800 Direct
2015-09-21 Class B Voting Common Stock M 100000 $10.24 Acquired 427808 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2015-09-21 Stock Option (Right to Buy) $10.24 M 100000 Disposed 2017-05-09 Class B Voting Common Stock (100000) Direct

Footnotes

F1: On September 21, 2015, the Compensation and Stock Options Committee of Reading International, Inc. (the "Company") approved the exercise by the Estate of James J. Cotter, Sr. of the options to acquire 100,000 shares of Class B Voting Common Stock.

F2: Currently exercisable.

F3: All reported transactions are exempt pursuant to Rule 16a-2(d).

F4: Represents Class A Non-Voting Common Stock shares returned to the Company for payment of the exercise price in connection with the reporting person's exercise of vested stock options to acquire 100,000 shares of Class B Voting Common Stock on September 21, 2015. There was no open market sale of such Class A Non-Voting Common Stock shares by the reporting person.

F5: Represents shares of Class A Non-Voting Common Stock issued as compensation for Mr. James J. Cotter, Sr.'s services performed prior to his death on September 13, 2014 as an officer and director of the Company. The price was the closing price of Class A Non-Voting Common Stock on February 27, 2014 ($7.47), the date that the Company's Compensation and Stock Options Committee approved the stock bonus in the amount of $1,200,000.