Michele Golden - Mar 7, 2024 Form 4 Insider Report for IMAX CORP (IMAX)

Role
Global Chief People Officer
Signature
/s/ Kenneth I. Weissman (attorney-in-fact for Michele Golden)
Stock symbol
IMAX
Transactions as of
Mar 7, 2024
Transactions value $
-$67,637
Form type
4
Date filed
3/11/2024, 04:20 PM
Previous filing
Mar 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IMAX common shares Options Exercise $0 +9.38K $0.00 9.38K Mar 7, 2024 Direct F1
transaction IMAX common shares Tax liability -$67.6K -4.03K -42.91% $16.80 5.36K Mar 7, 2024 Direct F2
holding IMAX common shares (opening balance) 0 Mar 7, 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 -9.38K -33.33% $0.00 18.8K Mar 7, 2024 common shares 9.38K $0.00 Direct F1, F3, F4, F5, F7
transaction IMAX restricted share units Award $0 +31.1K $0.00 31.1K Mar 7, 2024 common shares 31.1K $0.00 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.