Kevin M. Delaney - Mar 7, 2022 Form 4 Insider Report for IMAX CORP (IMAX)

Role
Sr VP, Finance & Controller
Signature
/s/ Kenneth I. Weissman (attorney-in-fact for Kevin Delaney)
Stock symbol
IMAX
Transactions as of
Mar 7, 2022
Transactions value $
-$46,340
Form type
4
Date filed
3/9/2022, 03:29 PM
Next filing
Mar 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IMAX common shares Options Exercise $0 +2.53K +166.51% $0.00 4.04K Mar 7, 2022 Direct F1
transaction IMAX common shares Options Exercise $0 +1.89K +46.62% $0.00 5.93K Mar 7, 2022 Direct F1
transaction IMAX common shares Options Exercise $0 +1.71K +28.78% $0.00 7.63K Mar 7, 2022 Direct F1
transaction IMAX common shares Tax liability -$46.3K -2.56K -33.48% $18.13 5.08K Mar 7, 2022 Direct F2
holding IMAX common shares (opening balance) 1.52K Mar 7, 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 -2.53K -49.98% $0.00 2.53K Mar 7, 2022 common shares 2.53K $0.00 Direct F1, F3, F4, F5, F7
transaction IMAX restricted share units Options Exercise $0 -1.89K -50% $0.00 1.89K Mar 7, 2022 common shares 1.89K $0.00 Direct F1, F3, F4, F6, F7
transaction IMAX restricted share units Options Exercise $0 -1.71K -33.33% $0.00 3.41K Mar 7, 2022 common shares 1.71K $0.00 Direct F1, F3, F4, F5, F7
transaction IMAX restricted share units Award $0 +5.57K $0.00 5.57K Mar 7, 2022 common shares 5.57K $0.00 Direct F3, F4, F5, 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 Mr. Delaney 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 three equal installments on each of the first three anniversaries of the grant date.
F6 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.
F7 This represents the number of restricted share units for this transaction only. Mr. Delaney's aggregate remaining outstanding restricted share unit and common share balances following these transactions will be 13,391 and 5,078, respectively.