The paper focuses on the issue of reading/interpreting literature within a framework of Peircean semiotics. It proposes the discussion of reading /interpretation as of sign, which could be characterised as iconic, indexical or symbolic, following Peircean classification of signs grounded in the relation of a sign to the dynamical object. The discussion examines interpretation as the act of signification of “the internal elements of semiosis and the agreement between the immediate and dynamic aspects of the sign” (Johansen, Jørgen Dines. 2002. Literary Discourse. U of Toronto P, p. 357). It considers interpretation as a sign, relating representamen (an articulated mode of reading), dynamical utterer (the text as an object outside of the representamen) and dynamical interpreter (the actual reader), and shows how the choice of the interpreter in defining the type of interpretant between the representamen of the text and its dynamical object in the ternary structure of the text-sign configures the relation of similarity, contiguity or habit between the representamen and the dynamical utterer in the interpretation-sign. The paper explores the conditions, requirements and criteria necessary to describe an interpretation as symbolic, indexical or iconic and exemplifies the differences in the analysis of the texts from the collection of poetry Sinking (2017) by the modern Lithuanian poet Gytis Norvilas.