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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
restricted share units (4) | (5) | 12/31/2018 | M | 21,761 (1) | 12/31/2018 | 01/31/2020 | common shares | 21,761 | (5) | 65,283 (3) | D | ||||
stock options (to buy) | $ 18.75 | 01/02/2019 | A | 522,979 (6) | (7) | 01/02/2029 | common shares opening balance | 522,979 | $ 18.75 | 522,979 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
GELFOND RICHARD L 902 BROADWAY 20TH FLOOR NEW YORK 10010-6002 |
Chief Executive Officer |
Richard L. Gelfond | 01/03/2019 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Represents the conversion upon vesting of restricted share units into common shares. |
(2) | Mr. Gelfond is reporting the withholding of common shares by IMAX Corporation to satisfy his tax withholding obligations in connection with the delivery of common shares upon conversion of the restricted share unit |
(3) | This represents the number of restricted share units or stock options for this transaction only. Mr. Gelfond's aggregate remaining outstanding option, restricted share unit and common share balances following these transaction will be 3,396,343; 65,283 and 245,279 respectively. |
(4) | Each restricted share unit represents a contingent right to receive one common share of IMAX Corporation. |
(5) | Each restricted share unit is the economic equivalent of one common share of IMAX Corporation. |
(6) | The stock options were granted pursuant to Mr. Gelfond's November 2016 employment renewal with IMAX Corporation. |
(7) | The stock options become exercisable in three installments: 174,326 on each of May 1, 2019; September 1, 2019 and 174,327 on December 31, 2019. |