Richard L. Gelfond - 02 Jan 2023 Form 4 Insider Report for IMAX CORP (IMAX)

Role
Chief Executive Officer, Director
Signature
/s/ Richard L. Gelfond
Issuer symbol
IMAX
Transactions as of
02 Jan 2023
Net transactions value
-$1,319,206
Form type
4
Filing time
04 Jan 2023, 19:12:25 UTC
Previous filing
17 Nov 2022
Next filing
09 Mar 2023
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 +44,716 +13% $0.000000 399,703 02 Jan 2023 Direct F1
transaction IMAX common shares Tax liability $362,512 -24,728 -6.2% $14.66 374,975 02 Jan 2023 Direct F2
transaction IMAX common shares Options Exercise $0 +51,382 +14% $0.000000 426,357 02 Jan 2023 Direct F1
transaction IMAX common shares Tax liability $425,125 -28,999 -6.8% $14.66 397,358 02 Jan 2023 Direct F2
transaction IMAX common shares Options Exercise $0 +11,364 +2.9% $0.000000 408,722 04 Jan 2023 Direct F1
transaction IMAX common shares Tax liability $95,218 -6,285 -1.5% $15.15 402,437 04 Jan 2023 Direct F2
transaction IMAX common shares Options Exercise $0 +52,083 +13% $0.000000 454,520 04 Jan 2023 Direct F1
transaction IMAX common shares Tax liability $436,350 -28,802 -6.3% $15.15 425,718 04 Jan 2023 Direct F2
holding IMAX common shares (opening balance) 354,987 02 Jan 2023 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 -44,716 -100% $0.000000* 0 02 Jan 2023 common shares 44,716 $0.000000 Direct F1, F3, F4, F5, F6
transaction IMAX restricted share units Options Exercise $0 -51,382 -33% $0.000000 102,765 02 Jan 2023 common shares 51,382 $0.000000 Direct F1, F3, F4, F5, F6
transaction IMAX restricted share units Award $0 +187,585 $0.000000 187,585 02 Jan 2023 common shares 187,585 $0.000000 Direct F3, F4, F6, F7
transaction IMAX restricted share units Options Exercise $0 -11,364 -100% $0.000000* 0 04 Jan 2023 common shares 11,364 $0.000000 Direct F1, F3, F4, F6, F8
transaction IMAX restricted share units Options Exercise $0 -52,083 -50% $0.000000 52,084 04 Jan 2023 common shares 52,083 $0.000000 Direct F1, 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 of vested restricted share units into common shares.
F2 Mr. Gelfond is reporting the withholding of common shares by IMAX Corporation to satisfy the tax withholding obligation in connection with the delivery of common shares upon conversion of the restricted share unit transaction.
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 January 2, 2023.
F6 This represents the number of restricted share units for this transaction only. Mr. Gelfond's aggregate remaining outstanding option, restricted share unit and common share balances following these transactions will be 2,713,015; 342,434 and 425,718 respectively.
F7 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.
F8 The restricted share units vested and converted to common shares on January 4, 2023.