Kenneth Ian Weissman - Mar 7, 2025 Form 4 Insider Report for IMAX CORP (IMAX)

Signature
Kenneth Ian Weissman
Stock symbol
IMAX
Transactions as of
Mar 7, 2025
Transactions value $
-$137,137
Form type
4
Date filed
3/11/2025, 04:50 PM
Previous filing
Dec 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IMAX common shares Options Exercise $0 +2.47K +9.84% $0.00 27.6K Mar 7, 2025 Direct F1
transaction IMAX common shares Options Exercise $0 +3.62K +13.11% $0.00 31.2K Mar 7, 2025 Direct F1
transaction IMAX common shares Options Exercise $0 +4K +12.81% $0.00 35.2K Mar 7, 2025 Direct F1
transaction IMAX common shares Tax liability -$91.8K -3.63K -10.31% $25.26 31.6K Mar 7, 2025 Direct F2
transaction IMAX common shares Award $0 +4.33K +13.7% $0.00 35.9K Mar 7, 2025 Direct F3
transaction IMAX common shares Tax liability -$45.4K -1.8K -5% $25.26 34.1K Mar 7, 2025 Direct F4
holding IMAX common shares (opening balance) 25.1K 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 -2.47K -100% $0.00 0 Mar 7, 2025 common shares 2.47K $0.00 Direct F1, F5, F6, F7, F8
transaction IMAX restricted share units Options Exercise $0 -3.62K -50% $0.00 3.62K Mar 7, 2025 common shares 3.62K $0.00 Direct F1, F5, F6, F7, F8
transaction IMAX restricted share units Options Exercise $0 -4K -33.33% $0.00 8K Mar 7, 2025 common shares 4K $0.00 Direct F1, F5, F6, F7, F8
transaction IMAX restricted share units Award $0 +5.4K $0.00 5.4K Mar 7, 2025 common shares 5.4K $0.00 Direct F5, F6, F7, F8
* 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. Weissman 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 Mr. Weissman 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.
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.
F7 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.
F8 This represents the number of restricted share units for this transaction only. Mr. Weissman's aggregate remaining outstanding option, restricted share unit and common share balances following these transactions will be 7,072, 17,021 and 34,133, respectively.