secwatch.observer — SEC 8-K summary
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Issuer:     IMAX CORP (IMAX)
CIK:        0000921582
Form:       8-K/A
Filed at:   2022-04-29T23:59:59+00:00
Accession:  0001193125-22-133974
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

IMAX appoints Natasha Fernandes CFO effective May 1, 2022 with detailed compensation terms
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/921582/000119312522133974/0001193125-22-133974-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/921582/000119312522133974/d334905d8ka.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-133974

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