IMAX CORP 4
4 · IMAX CORP · Filed Mar 10, 2015
Insider Transaction Report
Form 4
IMAX CORPIMAX
Sparacio Joseph
Exec VP & CFO
Transactions
- Exercise/Conversion
common shares
2015-03-07+3,396→ 15,317 total - Sale
common shares
2015-03-09$33.85/sh−1,990$67,362→ 13,327 total - Award
stock options (to buy)
2015-03-07$33.80/sh+17,935$606,203→ 17,935 totalExercise: $33.80Exp: 2022-03-07→ common shares (17,935 underlying) - Exercise/Conversion
restricted share units
2015-03-07−3,396→ 13,585 totalExercise: $0.00From: 2015-03-07Exp: 2017-12-01→ common shares (3,396 underlying) - Sale
common shares
2015-03-09$33.85/sh−1,442$48,812→ 11,885 total - Exercise/Conversion
restricted share units
2015-03-07−4,687→ 10,313 totalExercise: $0.00From: 2015-03-07Exp: 2016-12-01→ common shares (4,687 underlying) - Exercise/Conversion
common shares
2015-03-07+4,687→ 11,921 total - Award
restricted share units
2015-03-07+14,423→ 14,423 totalExp: 2018-12-01→ common shares (14,423 underlying)
Holdings
- 7,234
common shares (opening balance)
Footnotes (6)
- [F1]Represents the conversion upon vesting of restricted share units into common shares. Each restricted share unit represents a contingent right to receive one common share of IMAX Corporation.
- [F2]Mr. Sparacio is reporting the sale of 3,432 common shares to satisfy his tax withholding obligations in connection with the delivery of common shares upon conversion of the restricted share unit
- [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 vest and will be converted to common shares in four installments 2,884 on March 7, 2016; 3,605 on each of March 7, 2017 and March 7, 2018 and 4,329 on December 1, 2018.
- [F6]The stock options become exercisable in four installments: 3,587 on March 7, 2016, 4,483 on each of March 7, 2017 and March 7, 2018 and 5,382 on March 7, 2019.