WELTON MARK 4

4 · IMAX CORP · Filed Mar 11, 2025

Insider Transaction Report

Form 4

Period: 2025-03-07

IMAX CORPIMAX

WELTON MARK

President IMAX Global Theatres

Transactions

Exercise/Conversion
common shares
[F1]
2025-03-07+11,959→ 123,274 total
Exercise/Conversion
common shares
[F1]
2025-03-07+12,957→ 136,231 total
Exercise/Conversion
common shares
[F1]
2025-03-07+14,325→ 150,556 total
Tax Payment
common shares
[F2]
2025-03-07$25.26/sh−21,007$530,637→ 129,549 total
Award
common shares
[F3]
2025-03-07+37,665→ 167,214 total
Award
common shares
[F4]
2025-03-07+13,499→ 180,713 total
Tax Payment
common shares
[F5]
2025-03-07$25.26/sh−27,390$691,871→ 153,323 total
Exercise/Conversion
restricted share units
[F6][F7][F1][F8][F12]
2025-03-07−11,959→ 0 total
Exercise: $0.00→ common shares (11,959 underlying)
Exercise/Conversion
restricted share units
[F6][F7][F1][F9][F12]
2025-03-07−12,957→ 12,959 total
Exercise: $0.00→ common shares (12,957 underlying)
Exercise/Conversion
restricted share units
[F6][F7][F1][F10][F12]
2025-03-07−14,325→ 28,650 total
Exercise: $0.00→ common shares (14,325 underlying)
Award
restricted share units
[F6][F7][F11][F12]
2025-03-07+29,000→ 29,000 total
Exercise: $0.00→ common shares (29,000 underlying)

Holdings

common shares (opening balance)
111,315

Footnotes (12)

[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]The restricted share units vest and will be converted to common shares in three installments: 9,666 on each of March 7, 2026 and March 7, 2027 and 9,668 on March 7, 2028.
[F12]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 49,504, 70,609 and 153,323, respectively.
[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, 2022. The shares earned are based on the level of achievement on the EBITDA performance conditions over the three year performance period.
[F4]Represents the conversion of vested performance stock units into common shares granted by the Company on March 7, 2022. The shares earned are based on the level of achievement on the TSR performance conditions over the three year performance period.
[F5]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.
[F6]Each restricted share unit represents a contingent right to receive one common share of IMAX Corporation.
[F7]Each restricted share unit is the economic equivalent of one common share of IMAX Corporation.
[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.

Signature

/s/ Kenneth I. Weissman (attorney-in-fact for Mark Welton)|2025-03-11

Documents

1 file

4
marketforms-67196.xmlPrimary
PRIMARY DOCUMENT