0001214659-24-004351.txt : 20240311 0001214659-24-004351.hdr.sgml : 20240311 20240311165010 ACCESSION NUMBER: 0001214659-24-004351 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240307 FILED AS OF DATE: 20240311 DATE AS OF CHANGE: 20240311 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: WELTON MARK CENTRAL INDEX KEY: 0001255910 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35066 FILM NUMBER: 24738809 MAIL ADDRESS: STREET 1: 2525 SPEAKMAN DRIVE STREET 2: C/O IMAX CORP CITY: MISSISSAUGA STATE: A6 ZIP: L5K 1B1 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: IMAX CORP CENTRAL INDEX KEY: 0000921582 STANDARD INDUSTRIAL CLASSIFICATION: PHOTOGRAPHIC EQUIPMENT & SUPPLIES [3861] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 980140269 STATE OF INCORPORATION: A6 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2525 SPEAKMAN DRIVE CITY: MISSISSAUGA STATE: A6 ZIP: L5K 1B1 BUSINESS PHONE: 9054036500 MAIL ADDRESS: STREET 1: 2525 SPEAKMAN DRIVE CITY: MISSISSAUGA STATE: A6 ZIP: L5K 1B1 4 1 marketforms-65091.xml PRIMARY DOCUMENT X0508 4 2024-03-07 0000921582 IMAX CORP IMAX 0001255910 WELTON MARK 2525 SPEAKMAN DRIVE C/O IMAX CORPORATION MISSISSAUGA A6 L5K 1B1 ONTARIO, CANADA false true false false President, IMAX Theatres 0 common shares (opening balance) 82271 D common shares 2024-03-07 4 M false 14734 0.00 A 97005 D common shares 2024-03-07 4 M false 11957 0.00 A 108962 D common shares 2024-03-07 4 M false 12957 0.00 A 121919 D common shares 2024-03-07 4 F false 21225 16.80 D 100694 D common shares 2024-03-07 4 A false 22856 0.00 A 123550 D common shares 2024-03-07 4 F false 12235 16.80 D 111315 D restricted share units 0.00 2024-03-07 4 M false 14734 0.00 D common shares 14734 0 D restricted share units 0.00 2024-03-07 4 M false 11957 0.00 D common shares 11957 11959 D restricted share units 0.00 2024-03-07 4 M false 12957 0.00 D common shares 12957 25916 D restricted share units 0.00 2024-03-07 4 A false 42975 0.00 A common shares 42975 42975 D Represents the conversion upon vesting of restricted share units into common shares. Mr. Welton 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. Represents the conversion of vested performance stock units into common shares granted by the Company on March 7, 2021. The shares earned are based on the level of achievement on the EBITDA performance conditions over the three year performance period. Mr. Welton 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. Each restricted share unit represents a contingent right to receive one common share of IMAX Corporation. Each restricted share unit is the economic equivalent of one common share of IMAX Corporation. The restricted share units vest and will be converted to common shares in three installments: 14,733 on each of March 7, 2022 and March 7, 2023 and 14,734 on March 7, 2024. The restricted share units vest and will be converted to common shares in three installments: 11,957 on each of March 7, 2023 and March 7, 2024 and 11,959 on March 7, 2025. The restricted share units vest and will be converted to common shares in three installments: 12,957 on each of March 7, 2024 and March 7, 2025 and 12,959 on March 7, 2026. 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. This represents the number of restricted share units for this transaction only. Mr. Welton's aggregate remaining outstanding option, restricted share unit and common share balances following these transactions will be 88,936, 80,850 and 111,315, respectively. The number of outstanding options reflects the expiration of options to purchase 21,020 common shares on March 7, 2024. Mr. Welton did not receive any value in connection with such expiration; therefore, such expiration is exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended, under Rule 16b-6(d). /s/ Kenneth I. Weissman (attorney-in-fact for Mark Welton) 2024-03-11