SEC Form 4 · accession 0001214659-16-014195
IMAX CORP · IMAX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew Cripps
Officer — Executive Vice President
Period of report
Oct 21, 2016
Accepted (ET)
Oct 25, 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 | Oct 21, 2016 | C | 100,000 | $24.70 | A | 101,389 | D | |
| common shares | Oct 21, 2016 | S | 100,000 | $31.4722 | D | 1,389 | D | |
| common shares | holding | — | — | — | 1,389 | 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 | $24.70 | Oct 21, 2016 | C | 100,000 | D | — | Feb 27, 2017 | common shares | 100,000 | 193,825 | D |
Explanation of responses
- F1100,000 stock options scheduled to expire on February 27, 2017 were exercised and converted to common shares.
- F2The stock options became exercisable in 2 installments: 93,825 on February 27, 2014 and 6,175 on February 27, 2015.
- F3This represents the remaining balance of the options granted on the issue date, February 27, 2012, following this transaction. Mr. Cripps's aggregate remaining outstanding option, restricted share unit and common share balances following this transaction will be 215,704, 21,347 and 1,389 respectively.