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IMAX CORP — Director's Dealing 2018
Mar 9, 2018
31800_dirs_2018-03-09_a0ab4eb9-168e-480f-8fec-c7b3eb2c24a1.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: 2018-03-07
Reporting Person: McClymont Patrick (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-03-07 | common shares | M | 6240 | $0.00 | Acquired | 8385 | Direct |
| 2018-03-08 | common shares | S | 2811 | $20.3985 | Disposed | 5574 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-03-07 | restricted share units | $0.00 | M | 6240 | Disposed | 2020-12-01 | common shares (6240) | Direct |
| 2018-03-07 | restricted share units | $0.00 | A | 48561 | Acquired | 2021-12-31 | common shares (48561) | Direct |
| 2018-03-07 | stock options (to buy) | $20.85 | A | 53233 | Acquired | 2025-03-07 | common shares (53233) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| common shares (opening balance) | 2145 | Direct |
Footnotes
F1: Represents the conversion upon vesting of restricted share units into common shares.
F2: Mr. McClymont 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 units.
F3: Each restrictive 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: This represents the number of restricted share units or stock options for this transaction only. Mr. McClymont's aggregate remaining outstanding option, restricted share unit and common share balances following these transactions will be 106,792; 80,333 and 5,574 respectively.
F6: The restrictive share units vest and will be converted to common shares in four installments: 9,712 on March 7, 2019; 12,140 on each of March 7, 2020 and March 7, 2012 and 14,569 on December 1, 2021
F7: The stock options become exercisable in four installments: 10,647 on March 7, 2019, 13,308 on each of March 7, 2020 and March 7, 2021 and 15,970 on March 7, 2022.