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IMAX CORP — Director's Dealing 2017
Jul 6, 2017
31800_dirs_2017-07-06_37eac6cf-a559-4a49-ac9a-fc4cbd931ba8.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: 2017-07-02
Reporting Person: FOSTER GREG (N/A)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-07-02 | restricted share units | $ | A | 35795 | Acquired | 2020-08-01 | common shares (35795) | Direct |
| 2017-07-02 | stock options (to buy) | $22.00 | A | 171010 | Acquired | 2024-07-02 | common shares (171010) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| common shares (opening balance) | 67018 | Direct |
Footnotes
F1: Each restricted share unit represents a contingent right to receive one common share of IMAX Corporation.
F2: Each restricted share unit is the economic equivalent of one common share of IMAX Corporation.
F3: The restricted share units vest and will be converted to common shares in three installments: 11,932 on July 2, 2018; 11,931 on July 2, 2019 and 11,932 on July 2, 2020. These restricted share units were granted as per Mr. Foster's employment agreement with IMAX Corporation.
F4: The stock options will become exercisable in three installments: 57,003 on each of July 2, 2018 and July 2, 2019; and 57,004 on July 2, 2020. These stock options were granted as per Mr. Foster's employment agreement with IMAX Corporation.
F5: Mr. Foster's aggregate outstanding option, restricted share unit and common share balances following this grant will be 703,636; 108,905 and 67,018 respectively.