Denny Tu - 07 Mar 2022 Form 4 Insider Report for IMAX CORP (IMAX)

Role
Chief Marketing Officer
Signature
Kenneth I. Weissman (attorney-in-fact for Denny Tu)
Issuer symbol
IMAX
Transactions as of
07 Mar 2022
Net transactions value
-$98,083
Form type
4
Filing time
09 Mar 2022, 15:28:27 UTC
Previous filing
03 Dec 2021
Next filing
05 Dec 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IMAX common shares Options Exercise $0 +2,084 +42% $0.000000 7,062 07 Mar 2022 Direct F1
transaction IMAX common shares Options Exercise $0 +4,211 +60% $0.000000 11,273 07 Mar 2022 Direct F1
transaction IMAX common shares Options Exercise $0 +1,005 +8.9% $0.000000 12,278 07 Mar 2022 Direct F1
transaction IMAX common shares Options Exercise $0 +3,505 +29% $0.000000 15,783 07 Mar 2022 Direct F1
transaction IMAX common shares Options Exercise $0 +3,412 +22% $0.000000 19,195 07 Mar 2022 Direct F1
transaction IMAX common shares Tax liability $98,083 -5,410 -28% $18.13 13,785 07 Mar 2022 Direct F2
holding IMAX common shares (opening balance) 4,978 07 Mar 2022 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 -2,084 -45% $0.000000 2,502 07 Mar 2022 common shares 2,084 $0.000000 Direct F1, F3, F4, F5, F8
transaction IMAX restricted share units Options Exercise $0 -4,211 -50% $0.000000 4,212 07 Mar 2022 common shares 4,211 $0.000000 Direct F1, F3, F4, F6, F8
transaction IMAX restricted share units Options Exercise $0 -1,005 -50% $0.000000 1,006 07 Mar 2022 common shares 1,005 $0.000000 Direct F1, F3, F4, F6, F8
transaction IMAX restricted share units Options Exercise $0 -3,505 -50% $0.000000 3,505 07 Mar 2022 common shares 3,505 $0.000000 Direct F1, F3, F4, F7, F8
transaction IMAX restricted share units Options Exercise $0 -3,412 -33% $0.000000 6,824 07 Mar 2022 common shares 3,412 $0.000000 Direct F1, F3, F4, F6, F8
transaction IMAX restricted share units Award $0 +14,844 $0.000000 14,844 07 Mar 2022 common shares 14,844 $0.000000 Direct F3, F4, F6, F8
* 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. Tu 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 four installments on each of the first three anniversaries of the grant date and on December 1st of the third year.
F6 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.
F7 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.
F8 This represents the number of restricted share units for this transaction only. Mr. Tu's aggregate remaining outstanding option, restricted share unit and common share balances following these transactions will be 14,754, 32,893 and 13,785 respectively.