SEC Form 4 · accession 0001214659-17-000081
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
Dec 30, 2016
Accepted (ET)
Jan 4, 2017 · 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 30, 2016 | M | 3,533 | $0.00 | A | 5,266 | D | |
| common sharesF2 | Dec 30, 2016 | F | 1,767 | $31.40 | D | 3,499 | D | |
| common shares (opening balance) | holding | — | — | — | 1,733 | 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 30, 2016 | M | 3,533 | D | Dec 30, 2016 | Jan 30, 2017 | common shares | 3,533 | 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. Cripps is reporting 1,767 common shares withheld 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. Cripps's aggregate remaining outstanding option and common share balances following today's transactions will be 143,825 and 3,499 respectively.