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IMAX CORP — Director's Dealing 2019
Jun 10, 2019
31800_dirs_2019-06-10_93f5cb4b-cb8d-4b96-a93d-e9c4c7691ca9.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: 2019-06-06
Reporting Person: Demirian Eric A (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-06-06 | common shares | M | 6157 | $0.00 | Acquired | 29096 | Direct |
| 2019-06-06 | common shares | C | 8000 | $19.95 | Acquired | 37096 | Direct |
| 2019-06-06 | common shares | C | 6949 | $19.95 | Acquired | 44045 | Direct |
| 2019-06-07 | common shares | S | 3301 | $20.209 | Disposed | 40744 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-06-06 | restricted share units | $ | A | 6157 | Acquired | common shares (6157) | Direct | |
| 2019-06-06 | restricted share units | $ | M | 6157 | Disposed | common shares (6157) | Direct | |
| 2019-06-06 | stock options (to buy) | $19.95 | C | 8000 | Disposed | 2019-06-06 | common shares (8000) | Direct |
| 2019-06-06 | stock options (to buy) | $19.95 | C | 6949 | Disposed | 2019-06-06 | common shares (6949) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| common shares (opening balance) | 22939 | Direct |
Footnotes
F1: Represents the conversion upon vesting of restricted share units into common shares.
F2: Stock options scheduled to expire on June 6, 2019 were exercised and acquired as common shares.
F3: Mr. Demirian is reporting the sale of common shares to satisfy his tax obligation in connection with the delivery of converted common shares from his RSU annual grant awarded on June 6, 2019.
F4: Each restricted share unit represents a contingent right to receive one common share of IMAX Corporation.
F5: Each restricted share unit is the economic equivalent of one common share of IMAX Corporation.
F6: Mr. Demirian received a grant of restricted share units in connection with his membership on the IMAX Corporation Board of Directors.
F7: The restricted share units vest and convert to common shares on the date of grant, June 6, 2019.
F8: This represents Mr. Demirian's restricted share unit and stock option balances for these transactions only. Mr. Demirian's total common share balance following these transactions will be 40,744.