SEC Form 4 · accession 0001214659-16-012141
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
Jun 7, 2016
Accepted (ET)
Jun 9, 2016 · 4:10 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 shares | holding | — | — | — | 7,550 | I | by "Claudia Gelfond Trust" | |
| common shares | holding | — | — | — | 7,550 | I | by "Pamela Gelfond Trust" | |
| common shares | holding | — | — | — | 112,470 | 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,F2 | $31.40 | Jun 7, 2016 | A | 486,284 | A | — | Jun 7, 2026 | common shares | 486,284 | 486,284 | D |
Explanation of responses
- F1These stock options were granted pursuant to Mr. Gelfond's January 1, 2014 employment agreement with IMAX Corporation.
- F2The stock options become exercisable in three installments: 162,095 on each of June 7, 2016 and September 1, 2016; and 162,094 on December 31, 2016.
- F3This represents the number of stock options granted on June 7, 2016. Mr. Gelfond's aggregate remaining outstanding option, restricted share unit and common share balances following this transaction will be 2,063,932; 224,216 and 127,570 respectively