Michele Golden) - 07 Mar 2024 Form 4 Insider Report for IMAX CORP (IMAX)

Signature
/s/ Kenneth I. Weissman (attorney-in-fact for Michele Golden)
Issuer symbol
IMAX
Transactions as of
07 Mar 2024
Net transactions value
-$67,637
Form type
4
Filing time
11 Mar 2024, 16:20:14 UTC
Previous filing
09 Mar 2023
Next filing
11 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IMAX common shares Options Exercise $0 +9,383 $0.000000 9,383 07 Mar 2024 Direct F1
transaction IMAX common shares Tax liability $67,637 -4,026 -43% $16.80 5,357 07 Mar 2024 Direct F2
holding IMAX common shares (opening balance) 0 07 Mar 2024 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 -9,383 -33% $0.000000 18,767 07 Mar 2024 common shares 9,383 $0.000000 Direct F1, F3, F4, F5, F7
transaction IMAX restricted share units Award $0 +31,120 $0.000000 31,120 07 Mar 2024 common shares 31,120 $0.000000 Direct F3, F4, F6, 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 Ms. Golden 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 the conversion of the restricted shares unit transaction.
F3 Each restricted share unit represents a contigent 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 installments: 9,383 on each of March 7, 2024 and March 7, 2025 and 9,384 on March 7, 2026.
F6 The restricted share units vest and will be converted to common shares in three installments:10,373 on each of March 7, 2025 and March 7, 2026 and 10,374 on March 7, 2027.
F7 This represents the number of common shares for this transaction only. Ms. Golden's aggregate remaining outstanding restricted share unit and common share balances following these transactions will be 49,887 and 5,357, respectively.