Ellen Cotter - Apr 5, 2022 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: Apr 5, 2022
Transactions value $: -$11,653
Form type: 4
Date filed: 4/7/2022, 07:10 PM
Previous filing: Apr 6, 2022
Next filing: Apr 8, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RDI	Class A Non-Voting Common Stock	Options Exercise		+7.76K	+0.95%		823K	Apr 5, 2022	Direct	F2
transaction	RDI	Class A Non-Voting Common Stock	Tax liability	-$11.7K	-2.69K	-0.33%	$4.34	820K	Apr 5, 2022	Direct
holding	RDI	Class A Non-Voting Common Stock						1.29M	Apr 5, 2022	Co-Trustee and beneficiary of James J. Cotter Living Trust	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	RDI	Restricted Stock Units	Options Exercise	$0	-7.76K	-25%	$0.00	23.3K	Apr 5, 2022	Class A Non-Voting Common Stock	7.76K		Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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.
F2	Each Restricted Stock Unit represents the contingent right to receive one share of Class A Non-Voting Common Stock upon vesting of the unit.
F3	A total of 31,056 restricted stock units were granted on April 5, 2021 pursuant to the Company's 2020 Stock Incentive Plan. The restricted stock units vest in four equal annual installments commencing on April 5, 2022, April 5, 2023, April 5, 2024, and April 5, 2025.