SEC Form 4 · accession 0001214659-18-005925
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
Sep 1, 2018
Accepted (ET)
Sep 5, 2018 · 5:15 pm EDT
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,F2 | Sep 1, 2018 | M | 17,096 | $0.00 | A | 104,056 | D | |
| common sharesF3,F4 | Sep 4, 2018 | S | 9,415 | $23.4583 | D | 94,641 | D | |
| common shares (opening balance) | holding | — | — | — | 86,960 | 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 unitsF5,F1,F2,F4 | $0.00 | Sep 1, 2018 | M | 17,096 | D | Sep 1, 2018 | Sep 1, 2023 | common shares | 17,096 | 17,095 | D |
Explanation of responses
- F1Represents the conversion upon vesting of restricted share units into common shares.
- F2Each restricted share unit is the economic equivalent of one common share of IMAX Corporation.
- F3Mr. Foster is reporting the sale of common shares to satisfy the tax withholding obligations in connection with the delivery of the converted common shares.
- F4Mr. Foster's aggregate outstanding option, restricted share unit and common share balances following these transactions will be 874,090; 84,145 and 94,641 respectively.
- F5Each restricted share unit represents a contingent right to receive one common share of IMAX Corporation.