Michael MacMillan - Jun 10, 2021 Form 4 Insider Report for IMAX CORP (IMAX)

Role
Director
Signature
/s/ Michael MacMillan
Stock symbol
IMAX
Transactions as of
Jun 10, 2021
Transactions value $
-$67,425
Form type
4
Date filed
6/14/2021, 05:25 PM
Next filing
Jun 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IMAX common shares Options Exercise $0 +5.59K +24.03% $0.00 28.8K Jun 10, 2021 Direct F1, F2
transaction IMAX common shares Tax liability -$67.4K -2.99K -10.37% $22.55 25.8K Jun 10, 2021 Direct F3
holding IMAX common shares (opening balance) 23.2K Jun 10, 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction IMAX restricted share units Award +5.59K 5.59K Jun 10, 2021 common shares 5.59K $0.00 Direct F2, F4, F5, F6
transaction IMAX restricted share units Options Exercise -5.59K -100% 0 Jun 10, 2021 common shares 5.59K $0.00 Direct F1, F2, F4, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the conversion upon vesting of restricted share units into common shares.
F2 Each restricted share unit is the economic equivalent of one common share of IMAX Corporation.
F3 Mr. MacMillan is reporting the withholding of common shares to satisfy the tax withholding obligations in connection with the delivery of common shares upon conversion of the restricted share unit.
F4 Each restricted share unit represents a contingent right to receive one common share of IMAX Corporation.
F5 Mr. MacMillan received a grant of restricted share units in connection with his membership on the IMAX Corporation Board of Directors.
F6 The restricted share units vest and convert to common shares on the date of grant, June 10, 2021.
F7 Pursuant to Instruction 4(C)(iii), this response has been left blank.