Form 4 for IMAX IMAX CORP
Accepted 2023-03-13 00:00:00 ET · period of report 2023-03-07 · accession 0001214659-23-003796 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-03-13 | 2023-03-07 | IMAX | LISTER ROBERT D | Chief Legal, Sr EVP | M - OptEx | $0.00 | +69.0K | 161.8K | +74% | $0 |
| DM | 2023-03-13 | 2023-03-07 | IMAX | LISTER ROBERT D | Chief Legal, Sr EVP | F - Tax | $18.43 | -52.0K | 134.6K | -28% | -$957.5K |
| D | 2023-03-13 | 2023-03-07 | IMAX | LISTER ROBERT D | Chief Legal, Sr EVP | A - Grant | $0.00 | +24.8K | 148.4K | +20% | $0 |
| D | 2023-03-13 | 2023-03-07 | IMAX | LISTER ROBERT D | Chief Legal, Sr EVP | A - Grant | $0.00 | +38.9K | 38.9K | New | $0 |
| DM | 2023-03-13 | 2023-03-07 | IMAX | LISTER ROBERT D | Chief Legal, Sr EVP | M - OptEx | $0.00 | -69.0K | 14.7K | -82% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | common shares | 2023-03-07 | M | A | 23,586 | $0.00 | 128,064 | D | — | — | (F1) Represents the conversion upon vesting of restricted share units into common shares. |
| 2 | Common | common shares | 2023-03-07 | M | A | 7,055 | $0.00 | 135,119 | D | — | — | (F1) Represents the conversion upon vesting of restricted share units into common shares. |
| 3 | Common | common shares | 2023-03-07 | M | A | 14,733 | $0.00 | 149,852 | D | — | — | (F1) Represents the conversion upon vesting of restricted share units into common shares. |
| 4 | Common | common shares | 2023-03-07 | F | D | 38,163 | $18.43 | 123,646 | D | — | — | (F2) Mr. Lister 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. |
| 5 | Common | common shares | 2023-03-07 | A | A | 24,764 | $0.00 | 148,410 | D | — | — | (F3) Represents the conversion of vested performance stock units into common shares granted by the Company on March 7, 2020. The shares earned are based on the level of achievement on the EBITDA performance conditions over the three year performance period. |
| 6 | Common | common shares | 2023-03-07 | F | D | 13,792 | $18.43 | 134,618 | D | — | — | (F4) Mr. Lister 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. |
| 7 | Common | common shares | 2023-03-07 | M | A | 11,674 | $0.00 | 104,478 | D | — | — | (F1) Represents the conversion upon vesting of restricted share units into common shares. |
| 8 | Common | common shares | 2023-03-07 | M | A | 11,957 | $0.00 | 161,809 | D | — | — | (F1) Represents the conversion upon vesting of restricted share units into common shares. |
| 9 | Derivative | restricted share units | 2023-03-07 | A | A | 38,873 | $0.00 | 38,873 | D | $0.00 · — to — | 38,873 common shares | (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. (F13) This represents the number of restricted share units for this transaction only. Mr. Lister's aggregate remaining outstanding option, restricted share unit and common share balances following these transactions will be 145,962, 77,522 and 134,618, respectively. The number of outstanding options reflects the expiration of options to purchase 54,805 common shares on March 7, 2023. Mr. Lister 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). (F12) 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 13,406 March 7, 2026. |
| 10 | Derivative | restricted share units | 2023-03-07 | M | D | 11,957 | $0.00 | 23,916 | D | $0.00 · — to — | 11,957 common shares | (F5) Each restricted share unit represents a contingent right to receive one common share of IMAX Corporation. (F1) Represents the conversion upon vesting of restricted share units into common shares. (F6) Each restricted share unit is the economic equivalent of one common share of IMAX Corporation. (F13) This represents the number of restricted share units for this transaction only. Mr. Lister's aggregate remaining outstanding option, restricted share unit and common share balances following these transactions will be 145,962, 77,522 and 134,618, respectively. The number of outstanding options reflects the expiration of options to purchase 54,805 common shares on March 7, 2023. Mr. Lister 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). (F11) 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. |
| 11 | Derivative | restricted share units | 2023-03-07 | M | D | 7,055 | $0.00 | 0 | D | $0.00 · — to — | 7,055 common shares | (F5) Each restricted share unit represents a contingent right to receive one common share of IMAX Corporation. (F1) Represents the conversion upon vesting of restricted share units into common shares. (F6) Each restricted share unit is the economic equivalent of one common share of IMAX Corporation. (F13) This represents the number of restricted share units for this transaction only. Mr. Lister's aggregate remaining outstanding option, restricted share unit and common share balances following these transactions will be 145,962, 77,522 and 134,618, respectively. The number of outstanding options reflects the expiration of options to purchase 54,805 common shares on March 7, 2023. Mr. Lister 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). (F9) The restricted share units vest and will be converted to common shares in two equal installments on each of the first two anniversaries of the grant date. |
| 12 | Derivative | restricted share units | 2023-03-07 | M | D | 23,586 | $0.00 | 0 | D | $0.00 · — to — | 23,586 common shares | (F5) Each restricted share unit represents a contingent right to receive one common share of IMAX Corporation. (F1) Represents the conversion upon vesting of restricted share units into common shares. (F6) Each restricted share unit is the economic equivalent of one common share of IMAX Corporation. (F13) This represents the number of restricted share units for this transaction only. Mr. Lister's aggregate remaining outstanding option, restricted share unit and common share balances following these transactions will be 145,962, 77,522 and 134,618, respectively. The number of outstanding options reflects the expiration of options to purchase 54,805 common shares on March 7, 2023. Mr. Lister 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). (F8) The restricted share units vest and will be converted to common shares in three installments: 23,584 on each of March 7, 2021 and March 7, 2022 and 23,586 on March 7, 2023. |
| 13 | Derivative | restricted share units | 2023-03-07 | M | D | 11,674 | $0.00 | 0 | D | $0.00 · — to — | 11,674 common shares | (F5) Each restricted share unit represents a contingent right to receive one common share of IMAX Corporation. (F1) Represents the conversion upon vesting of restricted share units into common shares. (F6) Each restricted share unit is the economic equivalent of one common share of IMAX Corporation. (F13) This represents the number of restricted share units for this transaction only. Mr. Lister's aggregate remaining outstanding option, restricted share unit and common share balances following these transactions will be 145,962, 77,522 and 134,618, respectively. The number of outstanding options reflects the expiration of options to purchase 54,805 common shares on March 7, 2023. Mr. Lister 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 four installments: 11,671 on each of March 7, 2020, March 7, 2021 and March 7, 2022 and 11,674 on March 7, 2023. |
| 14 | Derivative | restricted share units | 2023-03-07 | M | D | 14,733 | $0.00 | 14,733 | D | $0.00 · — to — | 14,733 common shares | (F5) Each restricted share unit represents a contingent right to receive one common share of IMAX Corporation. (F1) Represents the conversion upon vesting of restricted share units into common shares. (F6) Each restricted share unit is the economic equivalent of one common share of IMAX Corporation. (F13) This represents the number of restricted share units for this transaction only. Mr. Lister's aggregate remaining outstanding option, restricted share unit and common share balances following these transactions will be 145,962, 77,522 and 134,618, respectively. The number of outstanding options reflects the expiration of options to purchase 54,805 common shares on March 7, 2023. Mr. Lister 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). (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. |