0001140361-24-018926.txt : 20240409
0001140361-24-018926.hdr.sgml : 20240409
20240409172838
ACCESSION NUMBER: 0001140361-24-018926
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240405
FILED AS OF DATE: 20240409
DATE AS OF CHANGE: 20240409
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SMERLING ROBERT F
CENTRAL INDEX KEY: 0001060903
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08625
FILM NUMBER: 24833662
MAIL ADDRESS:
STREET 1: 500 CITADEL DRIVE
STREET 2: SUITE 300
CITY: COMMERCE
STATE: CA
ZIP: 90040
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
2024-04-05
0000716634
READING INTERNATIONAL INC
RDI
0001060903
SMERLING ROBERT F
189 SECOND AVENUE
SUITE 2S
NEW YORK
NY
10003
true
President - U.S. Cinemas
false
Class A Non-Voting Common Stock
2024-04-05
4
M
0
10825
A
53111
D
Restricted Stock Units
2024-04-05
4
M
0
10825
0
D
Class A Non-Voting Common Stock
10825
5677
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 30,280 restricted stock units were granted on April 5, 2021 pursuant to the Company's 2020 Stock Incentive Plan. Of that amount (i) 22,710 restricted stock units vest in four equal annual installments commencing on April 5, 2022, April 5, 2023, April 5, 2024 and April 5, 2025 and (ii) 7,570 performance based restricted stock units (PRSU) vest on the third anniversary of the Date of Grant, April 5, 2024; provided that (a) the reporting person has not undergone a termination of his 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, 2021, such determination to be made before March 10, 2022;
and (2) two-thirds of the PRSU Criteria shall be based upon performance for the two remaining calendar years (2022 and 2023) 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, 2024 the percentage of the PRSU Criteria which has been met for the calendar years 2022 and 2023 On March 9, 2022, the Committee determined and certified that the reporting 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. On April 5, 2024, the Committee determined and certified that the reporting person met 89% of PRSU criteria for the year ended December 31, 2023.
10,825 restricted stock units are fully vested on April 5, 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/ Robert F. Smerling
2024-04-09