Robert D. Lister) - 07 Mar 2025 Form 4 Insider Report for IMAX CORP (IMAX)

Role
Chief Legal & Sr Exec VP
Signature
/s/ Kenneth I. Weissman (attorney-in-fact for Robert D. Lister)
Issuer symbol
IMAX
Transactions as of
07 Mar 2025
Net transactions value
-$1,209,272
Form type
4
Filing time
11 Mar 2025, 16:25:07 UTC
Previous filing
09 Dec 2024
Next filing
15 Sep 2025
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 +11,959 +8.6% $0.000000 150,848 07 Mar 2025 Direct F1
transaction IMAX common shares Options Exercise $0 +12,957 +8.6% $0.000000 163,805 07 Mar 2025 Direct F1
transaction IMAX common shares Options Exercise $0 +14,325 +8.7% $0.000000 178,130 07 Mar 2025 Direct F1
transaction IMAX common shares Tax liability $524,903 -20,780 -12% $25.26 157,350 07 Mar 2025 Direct F2
transaction IMAX common shares Award $0 +37,665 +24% $0.000000 195,015 07 Mar 2025 Direct F3
transaction IMAX common shares Award $0 +13,499 +6.9% $0.000000 208,514 07 Mar 2025 Direct F4
transaction IMAX common shares Tax liability $684,369 -27,093 -13% $25.26 181,421 07 Mar 2025 Direct F5
holding IMAX common shares (opening balance) 138,889 07 Mar 2025 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 -11,959 -100% $0.000000 0 07 Mar 2025 common shares 11,959 $0.000000 Direct F1, F6, F7, F8, F12
transaction IMAX restricted share units Options Exercise $0 -12,957 -50% $0.000000 12,959 07 Mar 2025 common shares 12,957 $0.000000 Direct F1, F6, F7, F9, F12
transaction IMAX restricted share units Options Exercise $0 -14,325 -33% $0.000000 28,650 07 Mar 2025 common shares 14,325 $0.000000 Direct F1, F6, F7, F10, F12
transaction IMAX restricted share units Award $0 +29,000 $0.000000 29,000 07 Mar 2025 common shares 29,000 $0.000000 Direct F6, F7, F11, F12
* 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. Lister 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 Represents the conversion of vested performance stock units into common shares granted by the Company on March 7, 2022. The shares earned are based on the level of achievement on the EBITDA performance conditions over the three year performance period.
F4 Represents the conversion of vested performance stock units into common shares granted by the Company on March 7, 2022. The shares earned are based on the level of achievement on the TSR performance conditions over the three year performance period.
F5 Mr. Lister 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 performance stock unit transactions.
F6 Each restricted share unit represents a contingent right to receive one common share of IMAX Corporation.
F7 Each restricted share unit is the economic equivalent of one common share of IMAX Corporation.
F8 The restricted share units vest and will be converted to common shares in three installments: 11,957 on each of March 7, 2023 and March 7, 2024 and 11,959 on March 7, 2025.
F9 The restricted share units vest and will be converted to common shares in three installments: 12,957 on each of March 7, 2024 and March 7, 2025 and 12,959 March 7, 2026.
F10 The restricted share units vest and will be converted to common shares in three equal installments on each of first three anniversaries of the grant date.
F11 The restricted share units vest and will be converted to common shares in three installments: 9,666 on each of March 7, 2026 and March 7, 2027 and 9,668 March 7, 2028.
F12 This represents the number of restricted share units for this transaction only. Mr. Lister's aggregate remaining outstanding option, restricted share unit and common share balances following these transactions will be 50,143, 70,609 and 181,421, respectively.