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IMAX CORP — Director's Dealing 2017
Mar 9, 2017
31800_dirs_2017-03-09_6f06a490-232b-43c1-b8fd-836d57584bd5.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: 2017-03-07
Reporting Person: Savant Don (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-03-07 | common shares | M | 1531 | $0.00 | Acquired | 1531 | Direct |
| 2017-03-08 | common shares | S | 576 | $32.2649 | Disposed | 955 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-03-07 | restricted share units | $ | A | 7512 | Acquired | 2021-01-01 | common shares (7512) | Direct |
| 2017-03-07 | stock options (to buy) | $32.45 | A | 9109 | Acquired | 2024-03-07 | common shares (9109) | Direct |
| 2017-03-07 | restricted share units | $0.00 | M | 1531 | Disposed | 2017-12-01 | common shares (1531) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| common shares (opening balance) | 0 | 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. Savant is reporting the sale of 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 1,502 on March 7, 2018; 1,878 on each of March 7, 2019 and March 7, 2020 and 2,254 on December 1, 2020.
F6: The stock options become exercisable in four installments: 1,822 on March 7, 2018, 2,277 on each of March 7, 2019 and March 7, 2020 and 2,733 on March 7, 2021.
F7: This represents the number of restricted share units for this transaction only. Mr. Savant's aggregate remaining outstanding option, restricted share unit and common share balances following this transaction will be 24,590; 13,634 and 955 respectively.