SEC Form 4 · accession 0001214659-19-002038
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
Mar 7, 2019
Accepted (ET)
Mar 11, 2019 · 5:27 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 | Mar 7, 2019 | M | 6,213 | $0.00 | A | 45,376 | D | |
| common sharesF1 | Mar 7, 2019 | M | 7,363 | $0.00 | A | 52,739 | D | |
| common sharesF1 | Mar 7, 2019 | M | 8,089 | $0.00 | A | 60,828 | D | |
| common sharesF1 | Mar 7, 2019 | M | 12,590 | $0.00 | A | 73,418 | D | |
| common sharesF2 | Mar 8, 2019 | S | 19,052 | $22.4313 | D | 54,366 | D | |
| common shares | Mar 8, 2019 | C | 25,715 | $20.25 | A | 80,081 | D | |
| common shares | Mar 8, 2019 | S | 25,715 | $22.3077 | D | 54,366 | D | |
| common shares | Mar 11, 2019 | S | 15,000 | $23.0846 | D | 39,366 | D | |
| common shares (opening balance) | holding | — | — | — | 39,163 | 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,F6,F5 | $0.00 | Mar 7, 2019 | M | 6,213 | D | — | — | common shares | 6,213 | 0 | D |
| restricted share unitsF3,F1,F4,F6,F5 | $0.00 | Mar 7, 2019 | M | 7,363 | D | — | — | common shares | 7,363 | 7,362 | D |
| restricted share unitsF3,F1,F4,F6,F5 | $0.00 | Mar 7, 2019 | M | 8,089 | D | — | — | common shares | 8,089 | 16,179 | D |
| restricted share unitsF3,F1,F4,F6,F5 | $0.00 | Mar 7, 2019 | M | 12,590 | D | — | — | common shares | 12,590 | 37,769 | D |
| restricted share unitsF3,F4,F6,F7 | $0.00 | Mar 7, 2019 | A | 46,687 | A | — | — | common shares | 46,687 | 46,687 | D |
| stock options (to buy)F6,F8 | $22.49 | Mar 7, 2019 | A | 50,143 | A | — | Mar 7, 2026 | common shares | 50,143 | 50,143 | D |
| stock options (to buy) | $20.25 | Mar 8, 2019 | C | 25,715 | D | Jan 9, 2015 | Mar 9, 2019 | common shares | 25,715 | 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
- 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.
- F5The restricted share units vest and will be converted to common shares in four equal installments on each of the first four anniversaries of the grant date.
- F6This 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 transactions will be 343,984; 107,997 and 39,366 respectively.
- F7The restricted share units vest and will be converted to common shares in four installments 11,671 on each of March 7, 2020; March 7, 2021 and March 7, 2022 and 11,674 on March 7, 2013.
- F8The stock options will become exercisable in 4 installments: 12,535 on each of March 7, 2020; March 7, 2021 and March 7, 2022 and 12,538 on March 7, 2023.