IMAX appoints Natasha Fernandes CFO effective May 1, 2022 with detailed compensation terms
IMAX CORP
Base salary of CAD $460,161.37, increasing to CAD $500,000 on April 1, 2023.
Eligible for target bonus of 50% of base salary and annual equity award with minimum target value of $600,000 USD.
Severance upon termination without cause: up to 24 months of base salary, target bonus, car allowance, and continued vesting.
Change-in-control termination: full acceleration of stock options and restricted stock units; PSUs vest at greater of pre-change or actual performance.
Employment Agreement approved by Compensation Committee on April 25, 2022; effective May 1, 2022.
On April 19, 2022, IMAX Corporation (the “Company”) filed a Current Report on Form 8-K with the Securities and Exchange Commission reporting the appointment of Natasha Fernandes as the Company’s Chief Financial Officer, effective as of May 1, 2022.
Key facts
Extracted from this filing and checked against the source text.
Executive changeSEC 8-K Item 5.02confidence 0.95
Natasha Fernandes was appointed as Chief Financial Officer at IMAX CORP.
Action
appointed
Role
Chief Financial Officer
Exact text from the filing
On April 19, 2022, IMAX Corporation (the “Company”) filed a Current Report on Form 8-K with the Securities and Exchange Commission reporting the appointment of Natasha Fernandes as the Company’s Chief Financial Officer, effective as of May 1, 2022.
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