4//SEC Filing
GELFOND RICHARD L 4
Accession 0001214659-25-000204
CIK 0000921582other
Filed
Jan 5, 7:00 PM ET
Accepted
Jan 6, 5:01 PM ET
Size
23.7 KB
Accession
0001214659-25-000204
Insider Transaction Report
Form 4
IMAX CORPIMAX
GELFOND RICHARD L
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
restricted share units
2025-01-02−61,192→ 123,386 totalExercise: $0.00→ common shares (61,192 underlying) - Award
restricted share units
2025-01-02−109,518→ 109,518 totalExercise: $0.00→ common shares (109,518 underlying) - Exercise/Conversion
common shares
2025-01-02+51,383→ 576,992 total - Tax Payment
common shares
2025-01-02$25.11/sh−28,415$713,501→ 548,577 total - Tax Payment
common shares
2025-01-02$25.11/sh−34,957$877,770→ 576,148 total - Tax Payment
common shares
2025-01-02$25.11/sh−33,840$849,722→ 603,500 total - Exercise/Conversion
restricted share units
2025-01-02−51,383→ 0 totalExercise: $0.00→ common shares (51,383 underlying) - Exercise/Conversion
restricted share units
2025-01-02−62,528→ 62,529 totalExercise: $0.00→ common shares (62,528 underlying) - Exercise/Conversion
common shares
2025-01-02+62,528→ 611,105 total - Exercise/Conversion
common shares
2025-01-02+61,192→ 637,340 total
Holdings
- 525,609
common shares (opening balance)
Footnotes (7)
- [F1]Represents the conversion of vested restricted share units into common shares.
- [F2]Mr. Gelfond is reporting the withholding of common shares by IMAX Corporation to satisfy the tax withholding obligation in connection with the delivery of common shares upon conversion of the restricted share unit transaction.
- [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 on January 2, 2025.
- [F6]This represents the number of restricted share units for this transaction only. Mr. Gelfond's aggregate remaining outstanding option, restricted share unit and common share balances following these transactions will be 1,818,695; 294,433 and 603,500 respectively. The number of outstanding options reflects the expiration of options to purchase 467,625 common shares on January 5, 2025. Mr. Gelfond 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).
- [F7]The restricted share units vest and will be converted to common shares in three installments: 36,506 on each of January 2, 2026, January 2, 2027 and January 2, 2028.
Documents
Issuer
IMAX CORP
CIK 0000921582
Entity typeother
Related Parties
1- filerCIK 0000944011
Filing Metadata
- Form type
- 4
- Filed
- Jan 5, 7:00 PM ET
- Accepted
- Jan 6, 5:01 PM ET
- Size
- 23.7 KB