0001140361-24-013019.txt : 20240313
0001140361-24-013019.hdr.sgml : 20240313
20240313162500
ACCESSION NUMBER: 0001140361-24-013019
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240311
FILED AS OF DATE: 20240313
DATE AS OF CHANGE: 20240313
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Avanes Gilbert
CENTRAL INDEX KEY: 0001672000
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08625
FILM NUMBER: 24746266
MAIL ADDRESS:
STREET 1: 5236 MARYLAND AVE
CITY: LA CRESCENTA
STATE: CA
ZIP: 91214
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: READING INTERNATIONAL INC
CENTRAL INDEX KEY: 0000716634
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MOTION PICTURE THEATERS [7830]
ORGANIZATION NAME: 07 Trade & Services
IRS NUMBER: 953885184
STATE OF INCORPORATION: NV
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 5995 SEPULVEDA BOULEVARD
STREET 2: SUITE 300
CITY: CULVER CITY
STATE: CA
ZIP: 90230
BUSINESS PHONE: 213 235 2240
MAIL ADDRESS:
STREET 1: 5995 SEPULVEDA BOULEVARD
STREET 2: SUITE 300
CITY: CULVER CITY
STATE: CA
ZIP: 90230
FORMER COMPANY:
FORMER CONFORMED NAME: CITADEL HOLDING CORP
DATE OF NAME CHANGE: 19941216
4
1
form4.xml
FORM 4
X0508
4
2024-03-11
0000716634
READING INTERNATIONAL INC
RDI
0001672000
Avanes Gilbert
5995 SEPULVEDA BLVD
SUITE 300
CULVER CITY
CA
90230
true
EVP, CFO & Treasurer
false
Class A Non-Voting Common Stock
2024-03-11
4
M
0
4599
A
50616
D
Restricted Stock Units
2024-03-11
4
M
0
4599
0
D
Class A Non-Voting Common Stock
4599
0
D
Each Restricted Stock Unit represents the contingent right to receive one share of Class A Non Voting Common Stock upon vesting of the unit.
As previously reported, a total of 24,530 restricted stock units were granted on March 10, 2020 pursuant to the Company's 2010 Stock Incentive Plan. Of that amount, (i) 18,398 restricted stock units vest in four equal annual installments commencing on March 10, 2021, March 10, 2022, March 10, 2023, and March 11, 2024; and (ii) 6,132 performance based restricted stock units (PRSU) vest on the third anniversary of the Date of Grant, March 10, 2023; provided that (a) the reporting person has not undergone a termination of her service at the vesting date (or earlier accelerating event), and (b)(1) one third of the performance criteria (PRSU Criteria) has been met and certified by the Compensation and Stock Option Committee (Committee) for the year ended December 31, 2020, such determination to be made before March 10, 2021;
and (2) two thirds of the PRSU Criteria shall be based upon performance for the two remaining calendar years (2021 and 2022) under objective performance criteria to be established by the Committee, and shall be subject to the certification by the Committee that such PRSU Criteria, or portion thereof (stated as a percentage), has been met. The Committee must certify on or before March 10, 2023 the percentage of the PRSU Criteria which has been met for the calendar years 2021 and 2022. On March 9, 2022, the Committee determined and certified that the report person met 100% of the PRSU criteria for the year ended December 31, 2021. On March 9, 2023, the Committee determined and certified that the reporting person met 15% of PRSU criteria for the year ended December 31, 2022. The reporting person previously reported all 24,530 restricted stock units (including 6,132 PRSUs) in Table II of Form 4 dated March 12, 2020.
4,599 restricted stock units are fully vested on March 11, 2024 and the underlying shares of Class A Common Stock in Reading International, Inc. will be delivered to the reporting person in accordance with their irrevocable deferral election.
/s/ Gilbert Avanes
2024-03-13