Ellen Cotter - May 20, 2021 Form 4 Insider Report for READING INTERNATIONAL INC (RDI)

Role
Director, President and CEO, Director, Member of Sec.13(d)(3) Group, 10%+ Owner
Signature
/s/ Ellen Cotter
Stock symbol
RDI
Transactions as of
May 20, 2021
Transactions value $
-$48,767
Form type
4
Date filed
5/21/2021, 05:47 PM
Previous filing
May 19, 2021
Next filing
May 26, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDI Class A Non-Voting Common Stock Sale -$24.5K -4K -0.27% $6.12 1.46M May 20, 2021 Co-Trustee and beneficiary of James J. Cotter Living Trust F1, F2, F3
transaction RDI Class A Non-Voting Common Stock Sale -$24.3K -4K -0.27% $6.07 1.45M May 21, 2021 Co-Trustee and beneficiary of James J. Cotter Living Trust F1, F2, F3
holding RDI Class A Non-Voting Common Stock 791K May 20, 2021 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 Ellen 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. Ellen 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 Ellen 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 May 20, 2021, $6.07 to $6.19, inclusive? and (b) on May 21, 2021, $6.03 to $6.24, inclusive.