AI assistant
IMAX CORP — Director's Dealing 2023
Mar 9, 2023
31800_dirs_2023-03-09_fdb9d446-477a-4ac0-91cc-c46755f50b8f.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: IMAX CORP (IMAX)
CIK: 0000921582
Period of Report: 2023-03-07
Reporting Person: GELFOND RICHARD L (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-03-07 | common shares | A | 140852 | $0.00 | Acquired | 566570 | Direct |
| 2023-03-07 | common shares | F | 77892 | $18.43 | Disposed | 488678 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| common shares (opening balance) | 425718 | Direct |
Footnotes
F1: Represents the conversion of vested performance stock units into common shares granted by the Company on January 2, 2020. The shares earned are based on the level of achievement on the EBITDA performance conditions over the three-year performance period.
F2: Mr. Gelfond is reporting the withholding of common shares by IMAX Corporation to satisfy the tax withholding obligation in connection with the delivery of common shares upon conversion of the performance share units.
F3: This represents the number of common shares for this transaction only. Mr. Gelfond's aggregate remaining outstanding option, restricted share unit and common share balances following these transactions will be 2,713,015, 342,434 and 488,678, respectively.