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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 (3) | $ 0 (4) | 03/07/2018 | M | 1,913 | 03/07/2018 | 12/31/2019 | common shares | 1,913 | $ 0 (4) | 4,209 (5) | D | ||||
restricted share units (3) | $ 0 (4) | 03/07/2018 | M | 1,502 | 03/07/2018 | 01/01/2021 | common shares | 1,502 | $ 0 (4) | 6,010 (5) | D | ||||
restricted share units (3) | $ 0 (4) | 03/07/2018 | A | 11,690 | (6) | 12/31/2021 | common shares | 11,690 | $ 0 (4) | 11,690 (5) | D | ||||
stock options (to buy) | $ 20.85 | 03/07/2018 | A | 12,815 | (7) | 03/07/2025 | common shares | 12,815 | $ 20.85 | 12,815 (5) | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Savant Don 12582 WEST MILLENNIUM LOS ANGELES, CA 90094 |
President Global Sales |
Don Savant | 03/08/2018 | |
**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. Savant is reporting the sale of common shares to satisfy the tax withholding obligations in connection with the delivery of common shares upon conversion of the restricted share units. |
(3) | Each restrictive share unit represents a contingent right to receive one common share of IMAX Corporation. |
(4) | Each restricted share unit is the economic equivalent of one common share of IMAX Corporation |
(5) | This represents the number of restricted share units or stock options for this transaction only. Mr. Savant's aggregate remaining outstanding option, restricted share unit and common share balances following these transactions will be 37,405; 21,909 and 3,186 respectively. |
(6) | The restrictive share units vest and will be converted to common shares in four installments: 2,338 on March 7, 2019; 2,923 on each of March 7, 2020 and March 7, 2012 and 3,506 on December 1, 2021 |
(7) | The stock options become exercisable in four installments: 2,563 on March 7, 2019, 3,204 on each of March 7, 2020 and March 7, 2021 and 3,844 on March 7, 2022. |