4//SEC Filing
WELTON MARK 4
Accession 0001214659-24-004351
CIK 0000921582other
Filed
Mar 10, 8:00 PM ET
Accepted
Mar 11, 4:50 PM ET
Size
24.9 KB
Accession
0001214659-24-004351
Insider Transaction Report
Form 4
IMAX CORPIMAX
WELTON MARK
Executive Vice President
Transactions
- Exercise/Conversion
common shares
2024-03-07+14,734→ 97,005 total - Exercise/Conversion
common shares
2024-03-07+11,957→ 108,962 total - Tax Payment
common shares
2024-03-07$16.80/sh−21,225$356,580→ 100,694 total - Exercise/Conversion
common shares
2024-03-07+12,957→ 121,919 total - Award
common shares
2024-03-07+22,856→ 123,550 total - Tax Payment
common shares
2024-03-07$16.80/sh−12,235$205,548→ 111,315 total - Exercise/Conversion
restricted share units
2024-03-07−14,734→ 0 totalExercise: $0.00→ common shares (14,734 underlying) - Exercise/Conversion
restricted share units
2024-03-07−11,957→ 11,959 totalExercise: $0.00→ common shares (11,957 underlying) - Exercise/Conversion
restricted share units
2024-03-07−12,957→ 25,916 totalExercise: $0.00→ common shares (12,957 underlying) - Award
restricted share units
2024-03-07+42,975→ 42,975 totalExercise: $0.00→ common shares (42,975 underlying)
Holdings
- 82,271
common shares (opening balance)
Footnotes (11)
- [F1]Represents the conversion upon vesting of restricted share units into common shares.
- [F10]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.
- [F11]This represents the number of restricted share units for this transaction only. Mr. Welton's aggregate remaining outstanding option, restricted share unit and common share balances following these transactions will be 88,936, 80,850 and 111,315, respectively. The number of outstanding options reflects the expiration of options to purchase 21,020 common shares on March 7, 2024. Mr. Welton 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).
- [F2]Mr. Welton 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. Welton 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.
- [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 installments: 14,733 on each of March 7, 2022 and March 7, 2023 and 14,734 on March 7, 2024.
- [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 on March 7, 2026.
Documents
Issuer
IMAX CORP
CIK 0000921582
Entity typeother
Related Parties
1- filerCIK 0001255910
Filing Metadata
- Form type
- 4
- Filed
- Mar 10, 8:00 PM ET
- Accepted
- Mar 11, 4:50 PM ET
- Size
- 24.9 KB