SEC Form 4 · accession 0001214659-18-007641
IMAX CORP · IMAX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert D Lister
Officer — Chief Legal & Sr Exec VP
Period of report
Dec 9, 2018
Accepted (ET)
Dec 11, 2018 · 5:15 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, 2018 | M | 6,474 | $0.00 | A | 42,721 | D | |
| common sharesF2,F3 | Dec 10, 2018 | S | 3,558 | $18.2785 | D | 39,163 | D | |
| common shares (opening balance) | holding | — | — | — | 36,247 | 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 unitsF4,F1,F5,F3 | — | Dec 9, 2018 | M | 6,474 | D | Dec 9, 2018 | Dec 9, 2018 | common shares | 0 | 0 | D |
Explanation of responses
- F1Represents the conversion upon vesting of restricted share units into common shares.
- 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
- F3This represents the number of restricted share units or stock options for this transaction only. Mr. Lister's aggregate remaining outstanding option, restricted share unit and common share balances following these transaction will be 319,556; 95,565 and 39,163 respectively.
- F4Each restricted share unit represents a contingent right to receive one common share of IMAX Corporation.
- F5Each restricted share unit is the economic equivalent of one common share of IMAX Corporation.