VANCE JEFFREY 4
4 · IMAX CORP · Filed Dec 3, 2019
Insider Transaction Report
Form 4
IMAX CORPIMAX
Vance Jeff
VP, Finance & Controller
Transactions
- Exercise/Conversion
restricted share units
2019-12-01−848→ 0 totalExercise: $0.00→ common shares (848 underlying) - Exercise/Conversion
common shares
2019-12-01+848→ 5,794 total - Sale
common shares
2019-12-02$21.25/sh−454$9,645→ 5,340 total
Holdings
- 4,946
common shares (opening balance)
Footnotes (6)
- [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 vested and converted to common shares in four installments: 566 on March 7, 2017, 706 on each of March 7, 2018 and March 7, 2019 and 848 on December 1, 2019.
- [F6]This represents the number of restricted share units 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; 10,907 and 5,340 respectively.