SEC Form 4 · accession 0001214659-16-015317
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
Dec 9, 2016
Accepted (ET)
Dec 13, 2016 · 4:20 pm EST
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 | Dec 9, 2016 | M | 6,475 | $0.00 | A | 59,482 | D | |
| common sharesF2 | Dec 12, 2016 | S | 3,382 | $31.9028 | D | 56,100 | D | |
| 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,F3 | $0.00 | Dec 9, 2016 | M | 6,475 | D | Dec 9, 2016 | Jan 9, 2019 | common shares | 6,475 | 12,948 | D |
Explanation of responses
- F1Each restricted share unit represents a contingent right to receive one common share of IMAX Corporation.
- F2Mr. Foster is reporting the sale of 3,382 common shares to satisfy his tax withholding obligations in connection with the delivery of common shares upon conversion of the restricted share unit transaction.
- F3This represents the number of restricted share units for this transaction only. Mr. Foster's aggregate remaining outstanding option, restricted share unit and common share balances following this transaction will be 782,626; 90,613 and 56,100 respectively.