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IMAX CORP — Director's Dealing 2021
Mar 10, 2021
31800_dirs_2021-03-09_f42d28e4-f864-4419-b6df-a2de300386f8.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: 2021-03-07
Reporting Person: Colligan Megan (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-03-07 | common shares | M | 25269 | $0.00 | Acquired | 36185 | Direct |
| 2021-03-07 | common shares | M | 7063 | $0.00 | Acquired | 43248 | Direct |
| 2021-03-07 | common shares | M | 12039 | $0.00 | Acquired | 55287 | Direct |
| 2021-03-07 | common shares | F | 16191 | $24.59 | Disposed | 39096 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-03-07 | restricted share units | $0.00 | M | 25269 | Disposed | common shares (25269) | Direct | |
| 2021-03-07 | restricted share units | $0.00 | M | 7063 | Disposed | common shares (7063) | Direct | |
| 2021-03-07 | restricted share units | $0.00 | M | 12039 | Disposed | common shares (12039) | Direct | |
| 2021-03-07 | restricted share units | $0.00 | A | 61187 | Acquired | common shares (61187) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| common shares (opening balance) | 10916 | Direct |
Footnotes
F1: Represents the conversion upon vesting of restricted share units into common shares.
F2: Ms. Colligan is reporting the withholding by IMAX Corporation of 16,191 common shares to satisfy the tax withholding obligations in connection with the delivery of common shares upon conversion of the restricted share unit transactions.
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 three equal installments on each of the first three anniversaries of the grant date.
F6: The restricted share units vest and will be converted to common shares on March 7, 2022.
F7: 12,039 of the restricted share units vest and will be converted to common shares on March 7, 2022 and 14,450 on December 1, 2022.
F8: This represents the number of restricted share units for this transaction only. Ms. Colligan's aggregate remaining outstanding option, restricted share unit and common share balances following these transactions will be 124,573; 143,493 and 39,096, respectively.