SEC Form 4 · accession 0001214659-16-012138
IMAX CORP · IMAX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Lynne
Director
Period of report
Jun 7, 2016
Accepted (ET)
Jun 9, 2016 · 4:05 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 sharesF4 | Jun 7, 2016 | M | 3,981 | $0.00 | A | 16,241 | D | |
| common shares (opening balance) | holding | — | — | — | 12,260 | 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 | — | Jun 7, 2016 | A | 3,981 | A | Jun 7, 2016 | Jul 7, 2016 | common shares | 3,981 | 3,981 | D |
| restricted share unitsF1,F4,F2,F5 | — | Jun 7, 2016 | M | 3,981 | D | Jun 7, 2016 | Jul 7, 2016 | common shares | 3,981 | 0 | D |
Explanation of responses
- F1Each restricted share unit represented a contigent right to receive one common share of IMAX Corporation.
- F2Each restricted share unit is the economic equivalent of one common share of IMAX Corporation.
- F3Mr. Lynne received a grant of restricted share units in connection with his membership on the IMAX Corporation Board of Directors.
- F4Represents the conversion of vested restricted share units into common shares.
- F5This represents Mr. Lynne's restricted stock unit balance for this grant after this transaction. Mr. Lynne's total outstanding long share balances after this transaction will be 16,241.