SEC Form 4 · accession 0001214659-16-011773
IMAX CORP · IMAX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David W Leebron
Director
Period of report
May 25, 2016
Accepted (ET)
May 27, 2016 · 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 | May 25, 2016 | C | 12,615 | $7.45 | A | 77,513 | D | |
| common shares | May 25, 2016 | S | 12,615 | $32.49 | D | 64,898 | D | |
| common shares | holding | — | — | — | 1,300 | I | by spouse | |
| common shares | holding | — | — | — | 64,898 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| stock options (to buy)F1,F3 | $7.45 | May 25, 2016 | C | 8,000 | D | Jun 4, 2009 | Jun 4, 2016 | common shares | 8,000 | 0 | D |
| stock options (to buy)F1,F3,F2 | $7.45 | May 25, 2016 | C | 4,615 | D | — | Jun 4, 2016 | common shares | 4,615 | 0 | D |
Explanation of responses
- F112,615 stock options scheduled to expire on June 4, 2016 were exercised and converted to common shares.
- F2The stock options became exercisable in 4 installments: 1,153 on September 4, 2009 and 1,154 options on each of December 4, 2009; March 4, 2010 and June 4, 2010.
- F3This represents the remaining balance of the options granted on the issue date, June 4, 2009, following this transaction. Mr. Leebron's aggregate remaining outstanding option and common share balances following this transaction will be 36,969 and 64,898 respectively.