SEC Form 4 · accession 0001214659-17-007275
IMAX CORP · IMAX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert D Lister
Officer — Chief Legal & Chief Bus Dev
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 | 42,068 | D | |
| common sharesF2 | Dec 11, 2017 | S | 3,528 | $23.9685 | D | 38,540 | D | |
| common shares (opening balance) | holding | — | — | — | 35,594 | 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,F5,F4 | $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. Lister is reporting the sale of common shares to satisfy the tax withholding obligations in connection with the delivery of common shares upon conversion of the restricted share unit
- 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 units for this transaction only. Mr. Lister's aggregate remaining outstanding option, restricted share unit and common share balances following this transaction will be 263,646; 79,779 and 38,540 respectively.