SEC Form 4 · accession 0001214659-17-001798
IMAX CORP · IMAX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patrick McClymont
Officer — CFO & EVP, Finance · Director
Period of report
Mar 7, 2017
Accepted (ET)
Mar 9, 2017 · 4:15 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 shares (opening balance) | holding | — | — | — | 0 | 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 | — | Mar 7, 2017 | A | 31,202 | A | — | Dec 1, 2020 | common shares | 31,202 | 31,202 | D |
| stock options (to buy)F5,F4 | $32.45 | Mar 7, 2017 | A | 37,836 | A | — | Mar 7, 2024 | common shares | 37,836 | 37,836 | 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 four installments: 6,240 on March 7, 2018; 7,801 on each of March 7, 2019 and March 7, 2020 and 9,360 on December 1, 2020.
- F4The stock options become exercisable in four installments: 7,567 on March 7, 2018, 9,459 on each of March 7, 2019 and March 7, 2020 and 11,351 on March 7, 2021.
- F5This represents the number of shares for this transaction only. Mr. McClymont's aggregate remaining outstanding option and restricted share unit balances following this transaction will be 53,559 and 42,917 respectively.