SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
LISTER ROBERT D

(Last) (First) (Middle)
902 BROADWAY
20TH FLOOR

(Street)
NEW YORK NY 10010-6002

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
IMAX CORP [ IMAX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Legal & Sr Exec VP
3. Date of Earliest Transaction (Month/Day/Year)
03/07/2019
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
common shares (opening balance) 39,163 D
common shares 03/07/2019 M 6,213(1) A $0.00 45,376 D
common shares 03/07/2019 M 7,363(1) A $0.00 52,739 D
common shares 03/07/2019 M 8,089(1) A $0.00 60,828 D
common shares 03/07/2019 M 12,590(1) A $0.00 73,418 D
common shares 03/08/2019 S 19,052(2) D $22.4313 54,366 D
common shares 03/08/2019 C 25,715 A $20.25 80,081 D
common shares 03/08/2019 S 25,715 D $22.3077 54,366 D
common shares 03/11/2019 S 15,000 D $23.0846 39,366 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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 Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
restricted share units(3) $0.00(4) 03/07/2019 M 6,213(1) (5) (5) common shares 6,213 $0.00(4) 0(6) D
restricted share units(3) $0.00(4) 03/07/2019 M 7,363(1) (5) (5) common shares 7,363 $0.00(4) 7,362(6) D
restricted share units(3) $0.00(4) 03/07/2019 M 8,089(1) (5) (5) common shares 8,089 $0.00(4) 16,179(6) D
restricted share units(3) $0.00(4) 03/07/2019 M 12,590(1) (5) (5) common shares 12,590 $0.00(4) 37,769(6) D
restricted share units(3) $0.00(4) 03/07/2019 A 46,687 (7) (7) common shares 46,687 $0.00(4) 46,687(6) D
stock options (to buy) $22.49 03/07/2019 A 50,143 (8) 03/07/2026 common shares 50,143 $22.49 50,143(6) D
stock options (to buy) $20.25 03/08/2019 C 25,715 01/09/2015 03/09/2019 common shares 25,715 $20.25 0 D
Explanation of Responses:
1. Represents the conversion upon vesting of restricted share units into common shares.
2. Mr. Lister 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 unit
3. Each restricted 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. The restricted share units vest and will be converted to common shares in four equal installments on each of the first four anniversaries of the grant date.
6. This represents the number of restricted share units or stock options for this transaction only. Mr. Lister's aggregate remaining outstanding option, restricted share unit and common share balances following these transactions will be 343,984; 107,997 and 39,366 respectively.
7. The restricted share units vest and will be converted to common shares in four installments 11,671 on each of March 7, 2020; March 7, 2021 and March 7, 2022 and 11,674 on March 7, 2013.
8. The stock options will become exercisable in 4 installments: 12,535 on each of March 7, 2020; March 7, 2021 and March 7, 2022 and 12,538 on March 7, 2023.
Remarks:
Robert D Lister 03/11/2019
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
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