SEC Form 4 · accession 0001214659-18-000201
IMAX CORP · IMAX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard L Gelfond
Officer — Chief Executive Officer · Director
Period of report
Jan 2, 2018
Accepted (ET)
Jan 4, 2018 · 6:50 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 | — | — | — | 197,379 | D | ||
| common shares | holding | — | — | — | 7,550 | I | by "Pamela Gelfond Trust" | |
| common shares | holding | — | — | — | 7,550 | I | by "Claudia Gelfond Trust" |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| stock options (to buy)F1,F3,F2 | $23.20 | Jan 2, 2018 | A | 452,675 | A | — | Jan 2, 2028 | common shares | 452,675 | 452,675 | D |
Explanation of responses
- F1The stock options were granted pursuant to Mr. Gelfond's November 2016 employment renewal with IMAX Corporation.
- F2The stock options become exercisable in six installments: 75,445 on May 1, 2018 and 75,446 on each of Sept 1, 2018; Dec 31, 2018; May 1, 2019; Sept 1, 2019 and Dec 31, 2018.
- F3This represents the number for transactions reported on this Form 4 only. Mr. Gelfond's aggregate remaining outstanding option, restricted share unit and common share balances following these transaction will be 2,873,364; 195,308 and 197,379 respectively.