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IMAX CORP — Director's Dealing 2015
Mar 10, 2015
31800_dirs_2015-03-10_f7a44f39-765e-4bd0-91f2-9890822177df.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: IMAX CORP (IMAX)
CIK: 0000921582
Period of Report: 2015-03-07
Reporting Person: Sparacio Joseph (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-03-07 | common shares | M | 4687 | $0.00 | Acquired | 11921 | Direct |
| 2015-03-07 | common shares | M | 3396 | $0.00 | Acquired | 15317 | Direct |
| 2015-03-09 | common shares | S | 1990 | $33.85 | Disposed | 13327 | Direct |
| 2015-03-09 | common shares | S | 1442 | $33.85 | Disposed | 11885 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-03-07 | restricted share units | $ | A | 14423 | Acquired | 2018-12-01 | common shares (14423) | Direct |
| 2015-03-07 | stock options (to buy) | $33.80 | A | 17935 | Acquired | 2022-03-07 | common shares (17935) | Direct |
| 2015-03-07 | restricted share units | $0.00 | M | 4687 | Disposed | 2016-12-01 | common shares (4687) | Direct |
| 2015-03-07 | restricted share units | $0.00 | M | 3396 | Disposed | 2017-12-01 | common shares (3396) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| common shares (opening balance) | 7234 | Direct |
Footnotes
F1: Represents the conversion upon vesting of restricted share units into common shares. Each restricted share unit represents a contingent right to receive one common share of IMAX Corporation.
F2: Mr. Sparacio is reporting the sale of 3,432 common shares to satisfy his tax withholding obligations in connection with the delivery of common shares upon conversion of the restricted share unit
F3: Each restricted share unit represents a contingent right to receive one common share of IMAX Corporation.
F4: Each restricted share unit is the economic equivalent of one common share of IMAX Corporation.
F5: The restricted share units vest and will be converted to common shares in four installments 2,884 on March 7, 2016; 3,605 on each of March 7, 2017 and March 7, 2018 and 4,329 on December 1, 2018.
F6: The stock options become exercisable in four installments: 3,587 on March 7, 2016, 4,483 on each of March 7, 2017 and March 7, 2018 and 5,382 on March 7, 2019.