4//SEC Filing
COTTER MARGARET 4
Accession 0001140361-23-020333
CIK 0000716634other
Filed
Apr 24, 8:00 PM ET
Accepted
Apr 25, 8:22 PM ET
Size
7.5 KB
Accession
0001140361-23-020333
Insider Transaction Report
Form 4
COTTER MARGARET
Director
Transactions
- Award
Restricted Stock Units
2023-04-21+55,865→ 55,865 total→ Class A Non-Voting Common Stock (55,865 underlying)
Holdings
- 792,781
Class A Non-Voting Common Stock
Footnotes (3)
- [F1]Each Restricted Stock Unit represents the contingent right to receive one share of Class A Non-Voting Common Stock upon vesting of the unit.
- [F2]A total of 71,052 restricted stock units were granted on April 21, 2023 pursuant to the Company's 2020 Stock Incentive Plan. Of that amount, (i) 45,561 restricted stock units vest in four equal annual installments commencing on April 21, 2023, April 21, 2024, April 21, 2025 and April 21, 2026; and (ii) 10,304 restricted stock units will fully vest on April 21, 2024, and (iii) 15,187 performance-based restricted stock units (PRSU) vest on the third anniversary of the Date of Grant, April 21, 2025; 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, 2023, such determination to be made before March 10, 2024;
- [F3]and (2) two-thirds of the PRSU Criteria shall be based upon performance for the two remaining calendar years (2024 and 2025) 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, 2026 the percentage of the PRSU Criteria which has been met for the calendar years 2024 and 2025.
Documents
Issuer
READING INTERNATIONAL INC
CIK 0000716634
Entity typeother
Related Parties
1- filerCIK 0001193738
Filing Metadata
- Form type
- 4
- Filed
- Apr 24, 8:00 PM ET
- Accepted
- Apr 25, 8:22 PM ET
- Size
- 7.5 KB