Joseph Sparacio - 30 Apr 2022 Form 4 Insider Report for IMAX CORP (IMAX)

Role
Interim CFO
Signature
/s/ Joseph Sparacio
Issuer symbol
IMAX
Transactions as of
30 Apr 2022
Net transactions value
-$41,654
Form type
4
Filing time
03 May 2022, 16:33:14 UTC
Previous filing
09 Mar 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 +4,948 +36% $0.000000 18,873 30 Apr 2022 Direct F1
transaction IMAX common shares Tax liability $41,654 -2,633 -14% $15.82 16,240 30 Apr 2022 Direct F2
holding IMAX common shares (opening balance) 13,925 30 Apr 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 -4,948 -100% $0.000000* 0 30 Apr 2022 common shares 4,948 $0.000000 Direct F1, F3, F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Joseph Sparacio is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Represents the conversion upon vesting of restricted share units into common shares.
F2 Mr. Sparacio 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 units.
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 vested and converted to common shares on April 30, 2022.
F6 This represents the number of restricted share units for this transaction only. Mr. Sparacio's aggregate remaining outstanding restricted share unit and common share balances following this transaction will be 0 and 16,240 respectively.