Filing Details
- Accession Number:
- 0001214659-19-002033
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-03-11 17:00:14
- Reporting Period:
- 2019-03-07
- Accepted Time:
- 2019-03-11 17:00:14
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 921582 | Imax Corp | IMAX | Photographic Equipment & Supplies (3861) | 980140269 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1382484 | Jeffrey Vance | 2525 Speakman Drive C/O Imax Corporation Mississauga A6 L5K 1B1 | Sr Vp, Finance & Controller | No | No | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Shares | Acquisiton | 2019-03-07 | 706 | $0.00 | 4,581 | No | 4 | M | Direct | |
| Common Shares | Acquisiton | 2019-03-07 | 722 | $0.00 | 5,303 | No | 4 | M | Direct | |
| Common Shares | Acquisiton | 2019-03-07 | 1,079 | $0.00 | 6,382 | No | 4 | M | Direct | |
| Common Shares | Disposition | 2019-03-08 | 1,436 | $22.43 | 4,946 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Shares | restricted share units | Disposition | 2019-03-07 | 706 | $0.00 | 706 | $0.00 |
| Common Shares | restricted share units | Disposition | 2019-03-07 | 722 | $0.00 | 722 | $0.00 |
| Common Shares | restricted share units | Disposition | 2019-03-07 | 1,079 | $0.00 | 1,079 | $0.00 |
| Common Shares | stock options (to buy) | Acquisiton | 2019-03-07 | 5,304 | $22.49 | 5,304 | $22.49 |
| Common Shares | restricted share units | Acquisiton | 2019-03-07 | 5,002 | $0.00 | 5,002 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 848 | No | 4 | M | Direct | ||
| 1,589 | No | 4 | M | Direct | ||
| 4,316 | No | 4 | M | Direct | ||
| 5,304 | 2026-03-07 | No | 4 | A | Direct | |
| 5,002 | No | 4 | A | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Shares (Opening Balance) | 3,875 | Direct |
Footnotes
- Represents the conversion upon vesting of restricted share units into common shares.
- Mr. Vance 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 unit
- Each restricted share unit represents a contingent right to receive one common share of IMAX Corporation.
- Each restricted share unit is the economic equivalent of one common share of IMAX Corporation.
- The restricted share units vest and will be converted to common shares in four installments: 20% of the initial grant on the first anniversary of the grant date, 25% of the initial grant on each of the second and third anniversaries of the grant date and 30% of the initial grant on December 1 of the third year after the grant date.
- This represents the number of restricted share units or stock options for this transaction only. Mr. Vance's aggregate remaining outstanding option, restricted share unit and common share balances following these transactions will be 47,714; 11,755 and 4,946 respectively.
- The stock options will become exercisable in 4 installments: 1,060 on March 7, 2020; 1,326 on each of March 7, 2021 and March 7, 2022 and 1,592 on March 7, 2023.
- The restricted share units vest and will be converted to common shares in four installments 1,000 on March 7, 2020; 1,250 on each of March 7, 2021 and March 7, 2022 and 1,502 on December 1, 2022.
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