Filing Details
- Accession Number:
- 0001214659-23-003702
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-03-09 16:57:06
- Reporting Period:
- 2023-03-07
- Accepted Time:
- 2023-03-09 16:57:06
- 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 |
|---|---|---|---|---|---|---|---|
| 1620534 | Calamera Pablo | 902 Broadway, Floor 20 New York NY 10010 | Cto & Evp | 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 | 2023-03-07 | 9,478 | $0.00 | 26,821 | No | 4 | M | Direct | |
| Common Shares | Acquisiton | 2023-03-07 | 3,792 | $0.00 | 30,613 | No | 4 | M | Direct | |
| Common Shares | Acquisiton | 2023-03-07 | 5,686 | $0.00 | 36,299 | No | 4 | M | Direct | |
| Common Shares | Acquisiton | 2023-03-07 | 6,185 | $0.00 | 42,484 | No | 4 | M | Direct | |
| Common Shares | Disposition | 2023-03-07 | 10,357 | $18.43 | 32,127 | No | 4 | F | Direct | |
| Common Shares | Acquisiton | 2023-03-07 | 16,583 | $0.00 | 48,710 | No | 4 | A | Direct | |
| Common Shares | Disposition | 2023-03-07 | 6,907 | $18.43 | 41,803 | No | 4 | F | Direct | |
| Common Shares | Disposition | 2023-03-07 | 7,697 | $18.32 | 34,106 | 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 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | A | Direct | |
| No | 4 | F | 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 | 2023-03-07 | 9,478 | $0.00 | 9,478 | $0.00 |
| Common Shares | restricted share units | Disposition | 2023-03-07 | 3,792 | $0.00 | 3,792 | $0.00 |
| Common Shares | restricted share units | Disposition | 2023-03-07 | 5,686 | $0.00 | 5,686 | $0.00 |
| Common Shares | restricted share units | Disposition | 2023-03-07 | 6,185 | $0.00 | 6,185 | $0.00 |
| Common Shares | restricted share units | Acquisiton | 2023-03-07 | 24,128 | $0.00 | 24,128 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | No | 4 | M | Direct | ||
| 0 | No | 4 | M | Direct | ||
| 5,688 | No | 4 | M | Direct | ||
| 12,370 | No | 4 | M | Direct | ||
| 24,128 | No | 4 | A | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Shares (Opening Balance) | 17,343 | Direct |
Footnotes
- Represents the conversion upon vesting of restricted share units into common shares.
- Mr. Calamera is reporting the withholding of common shares by IMAX Corporation to satisfy the tax withholding obligations in connection with the delivery of common shares upon conversion of the restricted share unit transactions.
- Represents the conversion of vested performance stock units into common shares granted by the Company on March 7, 2020. The shares earned are based on the level of achievement on the EBITDA performance conditions over the three year performance period.
- Mr. Calamera is reporting the withholding of common shares by IMAX Corporation to satisfy the tax withholding obligations in connection with the delivery of common shares upon conversion of the performance share unit transactions.
- Each restricted share unit represents a contingent right to receive one common share of IMAX Corporation.
- Each restricted share unit is the economic equivalent of one common share of IMAX Corporation.
- The restricted share units vest and will be converted to common shares in three installments: 9,476 on each of March 7, 2021 and March 7, 2022 and 9,478 on March 7, 2023.
- The restricted share units vest and will be converted to common shares in two installments: 3,791 shares on March 7, 2022 and 3,792 shares on March 7, 2023.
- The restricted share units vest and will be converted to common shares in three installments: 5,686 on each of March 7, 2022 and March 7, 2023 and 5,688 on March 7, 2024.
- The restricted share units vest and will be converted to common shares in three equal installments on each of first three anniversaries of the grant date.
- The restricted share units vest and will be converted to common shares in three installments: 8,042 on each of March 7, 2024 and March 7, 2025 and 8,044 on March 7, 2026.
- This represents the number of restricted share units for this transaction only. Mr. Calamera's aggregate remaining outstanding restricted share unit and common share balances following these transactions will be 42,186 and 34,106, respectively.
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