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