SEC Form 4 · accession 0001214659-15-006512
IMAX CORP · IMAX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard L Gelfond
Officer — Chief Executive Officer · Director
Period of report
Sep 1, 2015
Accepted (ET)
Sep 3, 2015 · 4:15 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 sharesF1 | Sep 1, 2015 | M | 14,994 | $0.00 | A | 131,975 | D | |
| common sharesF2 | Sep 2, 2015 | S | 8,382 | $30.35 | D | 123,593 | D | |
| common shares | holding | — | — | — | 10,050 | I | by "Claudia Gelfond Trust" | |
| common shares | holding | — | — | — | 10,050 | I | by "Pamela Gelfond Trust" |
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 | $0.00 | Sep 1, 2015 | M | 14,994 | D | Sep 1, 2015 | Dec 31, 2016 | common shares | 14,994 | 59,978 | D |
Explanation of responses
- F1Represents the conversion upon vesting of restricted share units into common shares. Each restricted share unit represented a contingent right to receive one common share of IMAX Corporation.
- F2Mr. Gelfond is reporting the sale of 8,382 common shares to satisfy his tax withholding obligations in connection with this RSU vesting transaction.
- F3This represents the remaining balance of the RSUs granted on the issue date, February 21, 2014, following this transaction. Mr. Gelfond's aggregate outstanding Option and RSU balance following today's transaction will be 1,777,648 and 59,978 respectively.