SEC Form 4 · accession 0001214659-16-008619
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
Dec 31, 2015
Accepted (ET)
Jan 4, 2016 · 4:15 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 sharesF1 | Dec 31, 2015 | M | 14,994 | $0.00 | A | 128,687 | D | |
| common sharesF2 | Dec 31, 2015 | F | 8,370 | $35.54 | D | 120,317 | D | |
| common shares (opening balance) | holding | — | — | — | 98,593 | D | ||
| common shares (opening balance) | holding | — | — | — | 7,550 | I | by "Pamela Gelfond Trust" | |
| common shares (opening balance) | holding | — | — | — | 7,550 | I | by "Claudia 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 | Dec 31, 2015 | M | 14,994 | D | Dec 31, 2015 | Dec 2, 2017 | common shares | 14,994 | 44,984 | D |
Explanation of responses
- F1Represents the conversion of vested restricted share units into common shares. Each restricted share unit represents a contingent right to receive on common share of IMAX Corporation.
- F2Mr. Gelfond is reporting the withholding by IMAX Corporation of 8,370 common shares to satisfy his tax withholding obligations in connection with the delivery of the converted common shares.
- F3This represents the remaining balance of the options granted on the issue date, February 21, 2014, following this transaction. Mr. Gelfond's aggregate remaining outstanding option, RSU and long share balances following this transaction will be 1,577,648; 239,210 and 120,317 respectively.