SEC Form 4 · accession 0001214659-16-013586
IMAX CORP · IMAX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Greg Foster
Officer — CEO IMAX Entertain & ESVP IMAX
Period of report
Sep 1, 2016
Accepted (ET)
Sep 6, 2016 · 6:00 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 (opening balance) | holding | — | — | — | 53,007 | 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,F2,F5,F3 | — | Sep 1, 2016 | A | 51,286 | A | — | Oct 1, 2019 | common shares | 51,286 | 51,286 | D |
| stock options (to buy)F5,F4 | $30.71 | Sep 1, 2016 | A | 136,187 | A | — | Sep 1, 2023 | common shares | 136,187 | 136,187 | D |
Explanation of responses
- F1Each restricted share unit represents a contingent right to receive one common share of IMAX Corporation.
- F2Each restricted share unit is the economic equivalent of one common share of IMAX Corporation.
- F3The restricted share units vest and will be converted to common shares in three installments: 17,095 on September 1, 2017; 17,096 on September 1, 2018 and 17,095 on September 1, 2019.
- F4The stock options will become exercisable in three installments: 45,396 on September 1, 2017; 45,396 on September 1, 2018; and 45,395 on September 1, 2019.
- F5Mr. Foster's aggregate outstanding option, restricted share unit and common share balances following this grant will be 782,626; 97,088 and 53,007 respectively.