Eric A. Demirian - Jun 9, 2023 Form 4 Insider Report for IMAX CORP (IMAX)

Role
Director
Signature
/s/ Eric A. Demirian
Stock symbol
IMAX
Transactions as of
Jun 9, 2023
Transactions value $
-$67,582
Form type
4
Date filed
6/13/2023, 04:25 PM
Previous filing
Jun 14, 2022
Next filing
Jun 11, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IMAX common shares Options Exercise $0 +6.78K +13.22% $0.00 58.1K Jun 9, 2023 Direct F1, F2
transaction IMAX common shares Tax liability -$67.6K -3.66K -6.3% $18.47 54.4K Jun 9, 2023 Direct F3
holding IMAX common shares (opening balance) 51.3K Jun 9, 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction IMAX restricted share units Award +6.78K 6.78K Jun 9, 2023 common shares 6.78K $0.00 Direct F2, F4, F5, F6
transaction IMAX restricted share units Options Exercise -6.78K -100% 0 Jun 9, 2023 common shares 6.78K $0.00 Direct F1, F2, F4, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the conversion upon vesting of restricted share units into common shares.
F2 Each restricted share unit is the economic equivalent of one common share of IMAX Corporation.
F3 Mr. Demirian is reporting the withholding of common shares to satisfy the tax withholding obligations in connection with the delivery of common shares upon conversion of the restricted share unit.
F4 Each restricted share unit represents a contingent right to receive one common share of IMAX Corporation.
F5 Mr. Demirian received a grant of restricted share units in connection with his membership on the IMAX Corporation Board of Directors.
F6 The restricted share units vest and convert to common shares on the date of grant, June 9, 2023.
F7 Pursuant to Instruction 4(C)(iii), this response has been left blank.