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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 (1) | (2) | 07/02/2017 | A | 35,795 | (3) | 08/01/2020 | common shares | 35,795 | (2) | 35,795 (5) | D | ||||
stock options (to buy) | $ 22 | 07/02/2017 | A | 171,010 | (4) | 07/02/2024 | common shares | 171,010 | $ 22 | 171,010 (5) | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
FOSTER GREG 12582 WEST MILLENNIUM PLAYA VISTA, CA 90094 |
CEO IMAX Entertain & ESVP IMAX |
Greg Foster | 07/06/2017 | |
**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) | Each restricted share unit represents a contingent right to receive one common share of IMAX Corporation. |
(2) | Each restricted share unit is the economic equivalent of one common share of IMAX Corporation. |
(3) | The restricted share units vest and will be converted to common shares in three installments: 11,932 on July 2, 2018; 11,931 on July 2, 2019 and 11,932 on July 2, 2020. These restricted share units were granted as per Mr. Foster's employment agreement with IMAX Corporation. |
(4) | The stock options will become exercisable in three installments: 57,003 on each of July 2, 2018 and July 2, 2019; and 57,004 on July 2, 2020. These stock options were granted as per Mr. Foster's employment agreement with IMAX Corporation. |
(5) | Mr. Foster's aggregate outstanding option, restricted share unit and common share balances following this grant will be 703,636; 108,905 and 67,018 respectively. |