Margaret Cotter - Apr 18, 2022 Form 4 Insider Report for READING INTERNATIONAL INC (RDI)

Role: Chairperson, EVP - RE Dev/NY, Director, Member of Sec.13(d)(3) Group, 10%+ Owner
Signature: /s/ Margaret Cotter
Stock symbol: RDI
Transactions as of: Apr 18, 2022
Transactions value $: $0
Form type: 4
Date filed: 4/19/2022, 05:10 PM
Previous filing: Apr 14, 2022
Next filing: Apr 22, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	RDI	Class A Non-Voting Common Stock						1.27M	Apr 18, 2022	Co-Trustee and beneficiary of James J. Cotter Living Trust	F1
holding	RDI	Class A Non-Voting Common Stock						85K	Apr 18, 2022	Sole-Trustee of James J. Cotter Education Trust #1	F2
holding	RDI	Class A Non-Voting Common Stock						777K	Apr 18, 2022	Direct

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	Award	$0	+35.1K		$0.00	35.1K	Apr 18, 2022	Class A Non-Voting Common Stock	35.1K		Direct	F3, F4

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

Explanation of Responses:

Id	Content
F1	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.
F2	As per joint stipulation and court order, Margaret Cotter and James J. Cotter Jr. (deceased), 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.
F3	Each Restricted Stock Unit represents the contingent right to receive one share of Class A Non-Voting Common Stock upon vesting of the unit.
F4	A total of 35,072 restricted stock units were granted on April 18, 2022 pursuant to the Company's 2020 Stock Incentive Plan. The restricted stock units vest in four equal annual installments commencing on April 18, 2023, April 18, 2024, April 18, 2025, and April 18, 2026.