SEC Form 4/A · accession 0001214659-16-015318
IMAX CORP · IMAX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Mark Welton
Officer — President, IMAX Theatres
Period of report
Dec 1, 2016
Accepted (ET)
Dec 13, 2016 · 4:30 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 1, 2016 | M | 5,626 | $0.00 | A | 15,595 | D | |
| common sharesF2 | Dec 2, 2016 | S | 2,873 | $31.0179 | D | 12,722 | D | |
| common shares (opening balance) | holding | — | — | — | 9,969 | 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 1, 2016 | M | 5,626 | D | Dec 1, 2016 | Jan 1, 2017 | common shares | 5,626 | 0 | D |
Explanation of responses
- F1Represents the conversion upon vesting of restricted share units into common shares. Each restricted share unit represents a contingent right to receive one common share of IMAX Corporation.
- F2Mr. Welton is reporting the sale of 2,873 common shares to satisfy his tax withholding obligations in connection with the delivery of common shares upon conversion of the restricted share unit
- F3This represents the number of restricted share units for this transaction only. Mr. Welton's aggregate remaining outstanding option, restricted share unit and common share balances following this transaction will be 165,402; 27,001 and 12,722 respectively.