4//SEC Filing
Weissman Kenneth Ian 4
Accession 0001214659-24-004329
CIK 0000921582other
Filed
Mar 10, 8:00 PM ET
Accepted
Mar 11, 4:10 PM ET
Size
28.2 KB
Accession
0001214659-24-004329
Insider Transaction Report
Form 4
IMAX CORPIMAX
Weissman Kenneth Ian
Deputy GC, Corp. Sec. & CCO
Transactions
- Award
common shares
2024-03-07+3,979→ 26,575 total - Exercise/Conversion
restricted share units
2024-03-07−2,474→ 2,474 totalExercise: $0.00→ common shares (2,474 underlying) - Exercise/Conversion
restricted share units
2024-03-07−582→ 0 totalExercise: $0.00→ common shares (582 underlying) - Exercise/Conversion
common shares
2024-03-07+1,706→ 19,264 total - Exercise/Conversion
common shares
2024-03-07+2,474→ 22,320 total - Exercise/Conversion
common shares
2024-03-07+3,619→ 25,939 total - Tax Payment
common shares
2024-03-07$16.80/sh−3,343$56,162→ 22,596 total - Exercise/Conversion
restricted share units
2024-03-07−3,619→ 7,238 totalExercise: $0.00→ common shares (3,619 underlying) - Exercise/Conversion
common shares
2024-03-07+582→ 19,846 total - Tax Payment
common shares
2024-03-07$16.80/sh−1,436$24,125→ 25,139 total - Exercise/Conversion
restricted share units
2024-03-07−1,706→ 0 totalExercise: $0.00→ common shares (1,706 underlying) - Award
restricted share units
2024-03-07+12,003→ 12,003 totalExercise: $0.00→ common shares (12,003 underlying)
Holdings
- 17,558
common shares (opening balance)
Footnotes (9)
- [F1]Represents the conversion upon vesting of restricted share units into common shares.
- [F2]Mr. Weissman 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, 2021. The shares earned are based on the level of achievement on the EBITDA performance conditions over the three year performance period.
- [F4]Mr. Weissman 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 share unit transactions.
- [F5]Each restricted share unit represents a contingent right to receive one common share of IMAX Corporation.
- [F6]Each restricted share unit is the economic equivalent of one common share of IMAX Corporation.
- [F7]The restricted share units vest and will be converted to common shares in three equal installments on each of the first three anniversaries of the grant date.
- [F8]The restricted share units vest and will be converted to common shares in three installments: 562 on each of March 7, 2022 and March 7, 2023 and 582 on March 7, 2024.
- [F9]This represents the number of restricted share units for this transaction only. Mr. Weissman's aggregate remaining outstanding option, restricted share unit and common share balances following these transactions will be 13,381, 21,715 and 25,139, respectively. The number of outstanding options reflects the expiration of options to purchase 3,503 common shares on March 7, 2024. Mr. Weissman did not receive any value in connection with such expiration; therefore, such expiration is exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended, under Rule 16b-6(d).
Documents
Issuer
IMAX CORP
CIK 0000921582
Entity typeother
Related Parties
1- filerCIK 0001727718
Filing Metadata
- Form type
- 4
- Filed
- Mar 10, 8:00 PM ET
- Accepted
- Mar 11, 4:10 PM ET
- Size
- 28.2 KB