0001140361-13-039378.txt : 20131023
0001140361-13-039378.hdr.sgml : 20131023
20131023170745
ACCESSION NUMBER: 0001140361-13-039378
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20120907
FILED AS OF DATE: 20131023
DATE AS OF CHANGE: 20131023
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: READING INTERNATIONAL INC
CENTRAL INDEX KEY: 0000716634
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MOTION PICTURE THEATERS [7830]
IRS NUMBER: 953885184
STATE OF INCORPORATION: NV
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 6100 CENTER DRIVE
STREET 2: SUITE 900
CITY: LOS ANGELES
STATE: CA
ZIP: 90045
BUSINESS PHONE: 213 235 2240
MAIL ADDRESS:
STREET 1: 6100 CENTER DRIVE
STREET 2: SUITE 900
CITY: LOS ANGELES
STATE: CA
ZIP: 90045
FORMER COMPANY:
FORMER CONFORMED NAME: CITADEL HOLDING CORP
DATE OF NAME CHANGE: 19941216
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: COTTER JAMES J
CENTRAL INDEX KEY: 0000904763
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08625
FILM NUMBER: 131166247
MAIL ADDRESS:
STREET 1: 500 CITADEL DRIVE
STREET 2: SUITE 300
CITY: COMMERCE
STATE: CA
ZIP: 90040
4
1
doc1.xml
FORM 4
X0306
4
2012-09-07
0
0000716634
READING INTERNATIONAL INC
RDI
0000904763
COTTER JAMES J
6100 CENTER DRIVE
SUITE 900
LOS ANGELES
CA
90045
1
1
1
0
Chief Executive Officer
Class A Common Stock Non-Voting
2012-09-07
4
J
0
990000
6423510
A
3952388
I
Cotter Enterprises, LLC
Class A Common Stock Non-Voting
2013-07-01
4
G
0
4500
6.34
D
3947888
I
James J. Cotter Foundation
Class A Common Stock Non-Voting
2013-10-21
4
J
0
990000
4553010
D
2957888
I
Cotter Enterprises, LLC
On September 7, 2012 and October 21, 2013, Mr. Cotter effected a restructuring of Cotter Enterprises, LLC., a family owned limited liability company ("CE" and the "Restructuring" respectively). CE is the owner of 1,000,000 shares of Reading Class A Common Stock. Pursuant to the Restructuring, Mr. Cotter was from September 7, 2012 through October 21, 2013, the holder of a pecuniary interest in such 1,000,000 shares. On October 21, 2013, a 99% membership interest (the "Membership Interest") was transferred to a trust for the benefit of Mr. Cotter's children. Accordingly, Mr. Cotter no longer has a pecuniary interest in 99% of the shares owned by CE.
The dollar amounts shown above as the transfer price of such pecuniary interest reflect the value of Membership Interest transferred, which is a discount to the value of the underlying shares, such discount being attributable to the fact that such 99% Membership Interest is an illiquid, non-controlling interest with material limitations on transferability. The net effect of the Restructuring is that Mr. Cotter's pecuniary interest in the 1,000,000 shares held by CE is the same currently as it was prior to September 7, 2012.
Gifted to Non-Profit
The purchase agreement with respect to the sale of the membership interest provides that the interest transferred will be independently appraised, and that the purchase price will be adjusted to reflect the results of this appraisal.
/s/ James J. Cotter
2013-10-23