Form 4 for RDI READING INTERNATIONAL INC
Accepted 2024-04-09 00:00:00 ET · period of report 2024-04-05 · accession 0001140361-24-018888 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-04-09 | 2024-04-05 | RDI | MATYCZYNSKI ANDRZEJ J | EVP - Gbl Ops | M - OptEx | — | +6,938 | 75.0K | +10% | — |
| D | 2024-04-09 | 2024-04-05 | RDI | MATYCZYNSKI ANDRZEJ J | EVP - Gbl Ops | M - OptEx | $0.00 | -6,938 | 3,639 | -66% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Non-Voting Common | 2024-04-05 | M | A | 6,938 | — | 74,959 | D | — | — | (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. |
| 2 | Derivative | Restricted Stock Units | 2024-04-05 | M | D | 6,938 | $0.00 | 3,639 | D | — · — to — | 6,938 Class A Non-Voting Common Stock | (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. (F3) 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. (F2) As previously reported, a total of 19,410 restricted stock units were granted on April 5, 2021 pursuant to the Company's 2020 Stock Incentive Plan. Of that amount, (i) 14,558 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) 4,852 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; (F4) 6,938 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. |