Mark Welton - Dec 1, 2021 Form 4 Insider Report for IMAX CORP (IMAX)

Signature
/s/ Kenneth I. Weissman (attorney-in-fact for Mark Welton)
Stock symbol
IMAX
Transactions as of
Dec 1, 2021
Transactions value $
-$341,032
Form type
4
Date filed
12/3/2021, 05:00 PM
Next filing
Mar 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IMAX common shares Sale -$162K -10K -24.15% $16.17 31.5K Dec 1, 2021 Direct
transaction IMAX common shares Award $0 +10.8K +34.3% $0.00 42.3K Dec 1, 2021 Direct F1
transaction IMAX common shares Sale -$92K -5.54K -13.12% $16.59 36.7K Dec 2, 2021 Direct F2
transaction IMAX common shares Sale -$87.1K -5.25K -14.3% $16.59 31.5K Dec 2, 2021 Direct F3
holding IMAX common shares (opening balance) 41.5K Dec 1, 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 Options Exercise $0 -10.8K -100% $0.00* 0 Dec 1, 2021 common shares 10.8K $0.00 Direct F1, F3, F4, F5, F6
* 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 Mr. Welton 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 units.
F3 Mr. Welton's aggregate remaining outstanding option, restricted share unit and common share balances following this transaction will be 131,835, 130,730 and 31,459 respectively.
F4 Each restricted share unit represents a contingent right to receive one common share of IMAX Corporation.
F5 Each restricted share unit is the economic equivalent of one common share of IMAX Corporation.
F6 The restricted share units vested and converted to common shares on December 1, 2021.