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IMAX CORP — Director's Dealing 2022
Mar 9, 2022
31800_dirs_2022-03-09_90127ebd-2586-4600-8444-e4104ea278a2.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: 2022-03-07
Reporting Person: DELANEY KEVIN M (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-03-07 | common shares | M | 2526 | $0.00 | Acquired | 4043 | Direct |
| 2022-03-07 | common shares | M | 1885 | $0.00 | Acquired | 5928 | Direct |
| 2022-03-07 | common shares | M | 1706 | $0.00 | Acquired | 7634 | Direct |
| 2022-03-07 | common shares | F | 2556 | $18.13 | Disposed | 5078 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-03-07 | restricted share units | $0.00 | M | 2526 | Disposed | common shares (2526) | Direct | |
| 2022-03-07 | restricted share units | $0.00 | M | 1885 | Disposed | common shares (1885) | Direct | |
| 2022-03-07 | restricted share units | $0.00 | M | 1706 | Disposed | common shares (1706) | Direct | |
| 2022-03-07 | restricted share units | $0.00 | A | 5566 | Acquired | common shares (5566) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| common shares (opening balance) | 1517 | Direct |
Footnotes
F1: Represents the conversion upon vesting of restricted share units into common shares.
F2: Mr. Delaney is reporting the withholding of common shares by IMAX Corporation 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 in two equal installments on each of the first two anniversaries of the grant date.
F7: This represents the number of restricted share units for this transaction only. Mr. Delaney's aggregate remaining outstanding restricted share unit and common share balances following these transactions will be 13,391 and 5,078, respectively.