Pablo Calamera - Mar 7, 2025 Form 4 Insider Report for IMAX CORP (IMAX)

Role
CTO & EVP
Signature
/s/ Kenneth I. Weissman (attorney-in-fact for Pablo Calamera)
Stock symbol
IMAX
Transactions as of
Mar 7, 2025
Transactions value $
-$334,847
Form type
4
Date filed
3/11/2025, 04:20 PM
Previous filing
Apr 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IMAX common shares Options Exercise $0 +6.19K +14.63% $0.00 48.5K Mar 7, 2025 Direct F1
transaction IMAX common shares Options Exercise $0 +8.04K +16.6% $0.00 56.5K Mar 7, 2025 Direct F1
transaction IMAX common shares Options Exercise $0 +7.41K +13.11% $0.00 63.9K Mar 7, 2025 Direct F1
transaction IMAX common shares Tax liability -$220K -8.72K -13.65% $25.26 55.2K Mar 7, 2025 Direct F2
transaction IMAX common shares Award $0 +10.8K +19.61% $0.00 66K Mar 7, 2025 Direct F3
transaction IMAX common shares Tax liability -$115K -4.54K -6.87% $25.26 61.5K Mar 7, 2025 Direct F8
holding IMAX common shares (opening balance) 42.3K Mar 7, 2025 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 Options Exercise $0 -6.19K -100% $0.00 0 Mar 7, 2025 common shares 6.19K $0.00 Direct F1, F4, F5, F6, F11
transaction IMAX restricted share units Options Exercise $0 -8.04K -49.99% $0.00 8.04K Mar 7, 2025 common shares 8.04K $0.00 Direct F1, F4, F5, F7, F11
transaction IMAX restricted share units Options Exercise $0 -7.41K -33.33% $0.00 14.8K Mar 7, 2025 common shares 7.41K $0.00 Direct F1, F4, F5, F9, F11
transaction IMAX restricted share units Award $0 +10K $0.00 10K Mar 7, 2025 common shares 10K $0.00 Direct F4, F5, F10, F11
* 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 Mr. Calamera 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 Each restricted share unit represents a contingent right to receive one common share of IMAX Corporation.
F5 Each restricted share unit is the economic equivalent of one common share of IMAX Corporation.
F6 The restricted share units vest and will be converted to common shares in three equal installments on each of first three anniversaries of the grant date.
F7 The restricted share units vest and will be converted to common shares in three installments: 8,042 on each of March 7, 2024 and March 7, 2025 and 8,044 on March 7, 2026.
F8 Mr. Calamera 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.
F9 The restricted share units vest and will be converted to common shares in three installments: 7,409 on each of March 7, 2025 and March 7, 2026 and 7,410 on March 2027.
F10 The restricted share units vest and will be converted to common shares in three installments: 3,333 on each of March 7, 2026 and March 7, 2027 and 3,334 on March 7, 2028.
F11 This represents the number of restricted share units for this transaction only. Mr. Calamera's aggregate remaining outstanding restricted share unit and common share balances following these transactions will be 32,863 and 61,472, respectively.