Form Type: 4

SEC EDGAR Link
Accession Number:0001567619-20-004640
Date:2020-02-20
Issuer: READING INTERNATIONAL INC (RDI)
Original Submission Date:

Reporting Person:

COTTER MARGARET
5995 SEPULVEDA BLVD
SUITE 300 CULVER CITY, CA 90230

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
CLASS A NON-VOTING COMMON STOCK 2020-02-20 S 2,500 d $9.90 1,865,149 indirect
CLASS A NON-VOTING COMMON STOCK 2020-02-21 S 2,500 d $9.82 1,862,649 indirect
CLASS A NON-VOTING COMMON STOCK 2020-02-20 0 $0.00 84,956 indirect
CLASS A NON-VOTING COMMON STOCK 2020-02-20 0 $0.00 786,362 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
Footnotes
IDfootnote
f1 the sale was effected pursuant to a rule 10b5-1 trading plan adopted by the james j. cotter living trust (the "trust") on december 23, 2019.
f2 margaret cotter is a co-trustee of the trust, a trust organized under the laws of ca. during the lifetime of james j. cotter, sr., the trust was revocable by james j. cotter, sr., but the trust became irrevocable upon the death of james j. cotter, sr. on september 13, 2014. the trust serves as a vehicle for the management and distribution of the assets of james j. cotter, sr. ellen cotter and margaret cotter, acting together as co-trustees of the trust, may be deemed to share voting and investment power over the shares of the class a non-voting common stock directly beneficially owned by the trust. margaret cotter disclaims beneficial ownership of the class a non-voting common stock directly beneficially owned by the trust and reported herein, except to the extent of her pecuniary interest therein. the extent of any pecuniary interest in class a non-voting common stock to margaret cotter is dependent on certain factors yet to be resolved and is not currently known.
f3 the price reported in column 4 is a weighted average price. the reporting person undertakes to provide to reading international, inc. ("reading"), any security holder of reading, or the staff of the securities and exchange commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (3) to this form 4. these shares were sold in multiple transactions at prices ranging from:(a) on february 20, 2020, $9.755 to $10.07, inclusive; and(b) on february 21, 2020, $9.73 to $9.92, inclusive.
f4 as per joint stipulation and court order, margaret cotter and james j. cotter jr., co-trustees of the james j. cotter grandchildren trust, a trust established for james j. cotter sr.'s grandchildren, divided the trust into two separate trusts whereby each is the sole trustee of their children's education trust. margaret cotter is the sole-trustee of the james j. cotter education trust #1 (the "trust"), and may be deemed to be indirect beneficial owners of the class a non-voting common stock directly beneficially owned by such trust. margaret cotter disclaims beneficial ownership in such shares, except to the extent of any pecuniary interest therein.
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