SEC Form 4 · accession 0001214659-17-007273
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, 2017
Accepted (ET)
Dec 12, 2017 · 5:00 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, 2017 | M | 6,474 | $0.00 | A | 81,170 | D | |
| common sharesF2 | Dec 11, 2017 | S | 3,566 | $23.9685 | D | 77,604 | D | |
| common shares (opening balance) | holding | — | — | — | 74,696 | 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 unitsF3,F1,F4,F5 | $0.00 | Dec 9, 2017 | M | 6,474 | D | Dec 9, 2017 | Jan 9, 2019 | common shares | 6,474 | 6,474 | 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. Foster is reporting the sale of 9,417 common shares to satisfy his tax withholding obligations in connection with the delivery of common shares upon conversion of the restricted share units.
- F3Each restricted share unit represents a contingent right to receive one common share of IMAX Corporation.
- F4Each restricted share unit is the economic equivalent of one common share of IMAX Corporation.
- F5This represents the number of restricted share unites for this transaction only. Mr. Foster's aggregate outstanding option, restricted share unit and common share balances following this transaction will be 703,636; 85,336 and 77,604 respectively.