SEC Form 4 · accession 0001214659-16-010209
IMAX CORP · IMAX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph Sparacio
Officer — Exec VP & CFO
Period of report
Mar 7, 2016
Accepted (ET)
Mar 9, 2016 · 4:30 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 | Mar 7, 2016 | M | 4,687 | $0.00 | A | 16,572 | D | |
| common sharesF1 | Mar 7, 2016 | M | 4,245 | $0.00 | A | 20,817 | D | |
| common sharesF1 | Mar 7, 2016 | M | 2,884 | $0.00 | A | 23,701 | D | |
| common sharesF2 | Mar 8, 2016 | S | 5,891 | $31.29 | D | 17,810 | D | |
| common shares (opening balance) | holding | — | — | — | 11,885 | 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 | $0.00 | Mar 7, 2016 | M | 4,687 | D | Mar 7, 2016 | Dec 1, 2016 | common shares | 4,687 | 5,626 | D |
| restricted share unitsF1,F3 | $0.00 | Mar 7, 2016 | M | 4,245 | D | Mar 7, 2016 | Dec 1, 2017 | common shares | 4,245 | 9,340 | D |
| restricted share unitsF1,F3 | $0.00 | Mar 7, 2016 | M | 2,884 | D | Mar 7, 2016 | Dec 1, 2018 | common shares | 2,884 | 11,539 | D |
Explanation of responses
- F1Represents the conversion upon vesting of restricted share units into common shares. Each restricted share unit represents a contingent right to receive one common share of IMAX Corporation.
- F2Mr. Sparacio is reporting the sale of 5,891 common shares to satisfy his tax withholding obligations in connection with the delivery of common shares upon conversion of the restricted share unit
- F3This represents the number of restricted share units for this transaction only. Mr. Sparacio's aggregate remaining outstanding option, restricted share unit and common share balances following this transaction will be 146,458; 29,130 and 17,810 respectively.