Filing Details

Accession Number:
0001214659-19-002034
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-03-11 17:00:17
Reporting Period:
2019-03-07
Accepted Time:
2019-03-11 17:00:17
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
921582 Imax Corp IMAX Photographic Equipment & Supplies (3861) 980140269
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1255910 Mark Welton 2525 Speakman Drive
C/O Imax Corporation
Mississauga A6 L5K 1B1
President, Imax Theatres No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Shares Acquisiton 2019-03-07 4,415 $0.00 17,781 No 4 M Direct
Common Shares Acquisiton 2019-03-07 4,334 $0.00 22,115 No 4 M Direct
Common Shares Acquisiton 2019-03-07 7,194 $0.00 29,309 No 4 M Direct
Common Shares Disposition 2019-03-08 8,639 $22.43 20,670 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Shares restricted share units Disposition 2019-03-07 4,415 $0.00 4,415 $0.00
Common Shares restricted share units Disposition 2019-03-07 4,334 $0.00 4,334 $0.00
Common Shares restricted share units Disposition 2019-03-07 7,194 $0.00 7,194 $0.00
Common Shares stock options (to buy) Acquisiton 2019-03-07 49,504 $22.49 49,504 $22.49
Common Shares restricted share units Acquisiton 2019-03-07 46,687 $0.00 46,687 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
5,298 No 4 M Direct
9,533 No 4 M Direct
28,777 No 4 M Direct
49,504 2026-03-07 No 4 A Direct
46,687 No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Shares (Opening Balance) 13,366 Direct
Footnotes
  1. Represents the conversion upon vesting of restricted share units into common shares.
  2. Mr. Welton 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
  3. Each restricted share unit represents a contingent right to receive one common share of IMAX Corporation.
  4. Each restricted share unit is the economic equivalent of one common share of IMAX Corporation.
  5. The restricted share units vest and will be converted to common shares in four installments: 20% of the initial grant on the first anniversary of the grant date, 25% of the initial grant on each of the second and third anniversaries of the grant date and 30% of the initial grant on December 1 of the third year after the grant date.
  6. This represents the number of restricted share units or stock options for this transaction only. Mr. Welton's aggregate remaining outstanding option, restricted share unit and common share balances following these transactions will be 220,358; 90,295 and 20,670 respectively.
  7. The stock options will become exercisable in 4 installments: 9,900 on March 7, 2020; 12,376 on each of March 7, 2021 and March 7, 2022 and 14,852 on March 7, 2023.
  8. The restricted share units vest and will be converted to common shares in four installments 9,337 on March 7, 2020; 11,671 on each of March 7, 2021 and March 7, 2022 and 14,008 on December 1, 2022.