SEC Form 4 · accession 0001214659-18-000132
IMAX CORP · IMAX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
G Mary Ruby
Officer — Chief Administrative Officer
Period of report
Dec 29, 2017
Accepted (ET)
Jan 3, 2018 · 5:57 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,F4 | Dec 29, 2017 | M | 5,717 | $0.00 | A | 16,572 | D | |
| common sharesF2 | Dec 29, 2017 | F | 3,063 | $23.15 | D | 13,509 | D | |
| common shares (opening balance) | holding | — | — | — | 10,855 | 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 29, 2017 | M | 1,435 | D | Dec 29, 2017 | Dec 1, 2018 | common shares | 1,435 | 0 | D |
| restricted share unitsF3,F1,F4,F5 | $0.00 | Dec 29, 2017 | M | 2,260 | D | Dec 29, 2017 | Dec 1, 2019 | common shares | 2,260 | 0 | D |
| restricted share unitsF3,F1,F4,F5 | $0.00 | Dec 29, 2017 | M | 2,022 | D | Dec 29, 2017 | Jan 1, 2021 | common shares | 2,022 | 867 | D |
| restricted share unitsF3,F6,F4,F5 | $0.00 | Dec 31, 2017 | E | 867 | D | Dec 1, 2020 | Jan 1, 2021 | common shares | 867 | 0 | D |
| optionsF6,F5 | $32.45 | Dec 31, 2017 | E | 1,050 | D | Mar 7, 2021 | Mar 7, 2024 | common shares | 1,050 | 2,453 | D |
Explanation of responses
- F1Represents the conversion upon vesting of restricted share units into common shares. Each tranche vested December 29, 2017 in connection with Ms. Ruby's retirement from IMAX Corporation.
- F2Ms. Ruby is reporting the withholding by IMAX 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 transactions reported on this Form 4 only. Ms. Ruby's aggregate remaining outstanding option, restricted share unit and common share balances following these transaction will be 56,196; 0 and 13,509 respectively.
- F6Cancelled upon Ms Ruby's retirement from IMAX Corporation.