VANCE JEFFREY 4
4 · IMAX CORP · Filed Mar 11, 2019
Insider Transaction Report
Form 4
IMAX CORPIMAX
Vance Jeff
Sr VP, Finance & Controller
Transactions
- Exercise/Conversion
common shares
[F1]2019-03-07+706→ 4,581 total - Exercise/Conversion
common shares
[F1]2019-03-07+722→ 5,303 total - Exercise/Conversion
common shares
[F1]2019-03-07+1,079→ 6,382 total - Sale
common shares
[F2]2019-03-08$22.43/sh−1,436$32,211→ 4,946 total - Exercise/Conversion
restricted share units
[F3][F4][F1][F5][F6]2019-03-07−706→ 848 totalExercise: $0.00→ common shares (706 underlying) - Exercise/Conversion
restricted share units
[F3][F4][F1][F5][F6]2019-03-07−722→ 1,589 totalExercise: $0.00→ common shares (722 underlying) - Exercise/Conversion
restricted share units
[F3][F4][F1][F5][F6]2019-03-07−1,079→ 4,316 totalExercise: $0.00→ common shares (1,079 underlying) - Award
stock options (to buy)
[F7][F6]2019-03-07$22.49/sh+5,304$119,287→ 5,304 totalExercise: $22.49Exp: 2026-03-07→ common shares (5,304 underlying) - Award
restricted share units
[F3][F4][F8][F6]2019-03-07+5,002→ 5,002 totalExercise: $0.00→ common shares (5,002 underlying)
Holdings
- 3,875
common shares (opening balance)
Footnotes (8)
- [F1]Represents the conversion upon vesting of restricted share units into common shares.
- [F2]Mr. Vance is reporting the sale of common shares to satisfy the 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: 20% of the initial grant on the first anniversary of the grant date, 25% of the initial grant on each of the second and third anniversaries of the grant date and 30% of the initial grant on December 1 of the third year after the grant date.
- [F6]This represents the number of restricted share units or stock options for this transaction only. Mr. Vance's aggregate remaining outstanding option, restricted share unit and common share balances following these transactions will be 47,714; 11,755 and 4,946 respectively.
- [F7]The stock options will become exercisable in 4 installments: 1,060 on March 7, 2020; 1,326 on each of March 7, 2021 and March 7, 2022 and 1,592 on March 7, 2023.
- [F8]The restricted share units vest and will be converted to common shares in four installments 1,000 on March 7, 2020; 1,250 on each of March 7, 2021 and March 7, 2022 and 1,502 on December 1, 2022.
Signature
Jeffrey Vance|2019-03-07