SEC Form 4 · accession 0000899243-16-032241
IMAX CORP · IMAX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Kevin Douglas
Director · 10% Owner · Other
DOUGLAS FAMILY TRUST
10% Owner · Other
JAMES & JEAN DOUGLAS IRREVOCABLE DESCENDANTS TRUST
10% Owner · Other
James E Douglas III
10% Owner · Other
Period of report
Oct 21, 2016
Accepted (ET)
Oct 24, 2016 · 6:35 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000921582
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF8,F1,F2,F6,F7 | Oct 21, 2016 | A | 2,464 | $0.00 | A | 3,928,836 | D | |
| Common StockF2,F3 | holding | — | — | — | 2,584,441 | I | James Douglas and Jean Douglas Irrevocable Descendants' Trust | |
| Common StockF2,F4 | holding | — | — | — | 1,451,989 | I | By Douglas Family Trust | |
| Common StockF2,F5 | holding | — | — | — | 923,645 | I | By James E. Douglas III |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These securities are held directly and jointly by Kevin Douglas and his wife, Michelle Douglas.
- F2Each of the reporting persons hereunder (individually, a "Reporting Person" and collectively the "Reporting Persons") may be deemed a member of a "group" within the meaning of Section 13(d)(3) of the Securities and Exchange Act of 1934, as amended (the "Exchange Act") or Rule 13d-5 promulgated under the Exchange Act, with one or more of the other Reporting Persons. Although the Reporting Persons are reporting such securities as if they were members of a "group", the filing of this Form 4 shall not be deemed an admission by any Reporting Person that such Reporting Person is a beneficial owner of any securities other than those directly held by such Reporting Person.
- F3These securities are held directly by the James Douglas and Jean Douglas Irrevocable Descendants' Trust and indirectly by Kevin Douglas. Kevin Douglas and Michelle Douglas, husband and wife, are each a co-trustee of the James Douglas and Jean Douglas Irrevocable Descendants' Trust.
- F4These securities are held directly by the Douglas Family Trust and indirectly by Kevin Douglas. James E. Douglas and Jean A. Douglas, husband and wife, are each a co-trustee of the Douglas Family Trust.
- F5These securities are held directly by James E. Douglas III and indirectly by Kevin Douglas.
- F6Includes 62,652 shares held by an intentionally defective grantor trust (the "KGD IDGT"). Kevin Douglas, as the settlor of the KGD IDGT, has the right to substitute property of equivalent value in return for the shares held by the KGD IDGT and may be deemed to have shared voting and dispositive power over the shares held by the KGD IDGT.
- F7Includes 62,652 shares held by an intentionally defective grantor trust (the "MMD IDGT"). Michelle Douglas, as the settlor of the MMD IDGT, has the right to substitute property of equivalent value in return for the shares held by the MMD IDGT and may be deemed to have shared voting and dispositive power over the shares held by the MMD IDGT.
- F8Restricted stock units granted to Kevin Douglas which were vested on the date of grant.