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READING INTERNATIONAL INC — Director's Dealing 2015
Oct 9, 2015
34600_dirs_2015-10-09_71a54405-0cda-4104-8dca-a173691acdcf.zip
Director's Dealing
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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.