SEC Form 4 · accession 0001214659-15-001640
IMAX CORP · IMAX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jason Brenek
Officer — Executive Vice President
Period of report
Feb 20, 2015
Accepted (ET)
Feb 24, 2015 · 5:15 pm EST
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 shares | holding | — | — | — | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| restricted share unitsF1,F3,F2,F4 | — | Feb 20, 2015 | A | 10,551 | A | — | Feb 27, 2018 | common shares | 10,551 | 10,551 | D |
| stock options (to buy)F3,F5 | $35.54 | Feb 20, 2015 | A | 14,334 | A | — | Feb 20, 2022 | common shares | 14,334 | 14,334 | D |
Explanation of responses
- F1Each restricted share unit represents a contingent right to receive one common share of IMAX Corporation.
- F2Each restricted share unit is the economic equivalent of one common share of IMAX Corporation.
- F3The restricted share units and stock options were granted pursuant to Mr. Brenek's commencment of employment with IMAX Corporation.
- F4The restricted share units vest and will be converted to common shares in three installments 2,637 on January 28, 2016; 5,275 on January 28, 2017 and 2,639 on January 28, 2018.
- F5The stock options become exercisable in three installments: 3,583 on January 28, 2016; 7,167 on January 28, 2017 and 3,584 on January 28, 2018.