* | The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. | |
The information required on the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). |
SCHEDULE 13G/A
CUSIP No. |
45245E109 |
1 | Names of Reporting Persons I.R.S. Identification Nos. of above persons (entities only) Kevin Douglas |
||||
2 | Check the Appropriate Box if a Member of a Group (See Instructions) |
||||
(a) o | |||||
(b) þ | |||||
3 | SEC Use Only | ||||
4 | Citizenship or Place of Organization | ||||
United States | |||||
5 | Sole Voting Power | ||||
NUMBER OF | -0- | ||||
SHARES | 6 | Shared Voting Power | |||
BENEFICIALLY | |||||
OWNED BY | 4,060,000 (1) | ||||
EACH | 7 | Sole Dispositive Power | |||
REPORTING | |||||
PERSON | -0- | ||||
WITH | 8 | Shared Dispositive Power | |||
5,800,000 (2) | |||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person | ||||
5,800,000 | |||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares | ||||
o | |||||
11 | Percent of Class Represented by Amount in Row (9) | ||||
14.38%(3) | |||||
12 | Type of Reporting Person | ||||
IN |
(1) | Kevin Douglas and his wife, Michelle Douglas, hold 2,494,000 shares directly and jointly. In addition, Kevin Douglas and Michelle Douglas are co-trustees of the James Douglas and Jean Douglas Irrevocable Descendants Trust, which holds 1,566,000 shares. | |
(2) | Kevin Douglas has dispositive power with respect to 580,000 shares held by James E. Douglas, III and 1,160,000 shares held by the Douglas Family Trust. | |
(3) | Based on 40,338,074 shares of the Issuers Common Stock outstanding as of November 9, 2007, as reported in its report on Form 10-Q for the fiscal quarter ended September 30, 2007. |
Page 2 of 11
SCHEDULE 13G/A
CUSIP No. |
45245E109 |
1 | Names of Reporting Persons I.R.S. Identification Nos. of above persons (entities only) Michelle Douglas |
||||
2 | Check the Appropriate Box if a Member of a Group (See Instructions) |
||||
(a) o | |||||
(b) þ | |||||
3 | SEC Use Only | ||||
4 | Citizenship or Place of Organization | ||||
United States | |||||
5 | Sole Voting Power | ||||
NUMBER OF | -0- | ||||
SHARES | 6 | Shared Voting Power | |||
BENEFICIALLY | |||||
OWNED BY | 4,060,000 (1) | ||||
EACH | 7 | Sole Dispositive Power | |||
REPORTING | |||||
PERSON | -0- | ||||
WITH | 8 | Shared Dispositive Power | |||
4,060,000 (1) | |||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person | ||||
4,060,000 | |||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares | ||||
o | |||||
11 | Percent of Class Represented by Amount in Row (9) | ||||
10.06% (2) | |||||
12 | Type of Reporting Person | ||||
IN |
(1) | Michelle Douglas and her husband, Kevin Douglas, hold 2,494,000 shares directly and jointly. In addition, Michelle Douglas and Kevin Douglas are co-trustees of the James Douglas and Jean Douglas Irrevocable Descendants Trust, which holds 1,566,000 shares. | |
(2) | Based on 40,338,074 shares of the Issuers Common Stock outstanding as of November 9, 2007, as reported in its report on Form 10-Q for the fiscal quarter ended September 30, 2007. |
Page 3 of 11
SCHEDULE 13G/A
CUSIP No. |
45245E109 |
1 | Names of Reporting Persons I.R.S. Identification Nos. of above persons (entities only) James E. Douglas, III |
||||
2 | Check the Appropriate Box if a Member of
a Group (See Instructions) |
||||
(a) o | |||||
(b) þ | |||||
3 | SEC Use Only | ||||
4 | Citizenship or Place of Organization | ||||
United States | |||||
5 | Sole Voting Power | ||||
NUMBER OF | 580,000 | ||||
SHARES | 6 | Shared Voting Power | |||
BENEFICIALLY | |||||
OWNED BY | -0- | ||||
EACH | 7 | Sole Dispositive Power | |||
REPORTING | |||||
PERSON | -0- | ||||
WITH | 8 | Shared Dispositive Power | |||
580,000(1) | |||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person | ||||
580,000 | |||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares | ||||
o | |||||
11 | Percent of Class Represented by Amount in Row (9) | ||||
1.44%(2) | |||||
12 | Type of Reporting Person | ||||
IN |
Page 4 of 11
SCHEDULE 13G/A
CUSIP No. |
45245E109 |
1 | Names of Reporting Persons I.R.S. Identification Nos. of above persons (entities only) Douglas Family Trust (1) |
||||
2 | Check the Appropriate Box if a Member of
a Group (See Instructions) |
||||
(a) o | |||||
(b) þ | |||||
3 | SEC Use Only | ||||
4 | Citizenship or Place of Organization | ||||
California | |||||
5 | Sole Voting Power | ||||
NUMBER OF | 1,160,000 | ||||
SHARES | 6 | Shared Voting Power | |||
BENEFICIALLY | |||||
OWNED BY | -0- | ||||
EACH | 7 | Sole Dispositive Power | |||
REPORTING | |||||
PERSON | -0- | ||||
WITH | 8 | Shared Dispositive Power | |||
1,160,000 (2) | |||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person | ||||
1,160,000 | |||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares | ||||
o | |||||
11 | Percent of Class Represented by Amount in Row (9) | ||||
2.88%(2) | |||||
12 | Type of Reporting Person | ||||
OO |
Page 5 of 11
SCHEDULE 13G/A
CUSIP No. |
45245E109 |
1 | Names of Reporting Persons I.R.S. Identification Nos. of above persons (entities only) James Douglas and Jean Douglas Irrevocable Descendants Trust (1) |
||||
2 | Check the Appropriate Box if a Member of a Group (See Instructions) |
||||
(a) o | |||||
(b) þ | |||||
3 | SEC Use Only | ||||
4 | Citizenship or Place of Organization | ||||
California | |||||
5 | Sole Voting Power | ||||
NUMBER OF | 1,566,000 | ||||
SHARES | 6 | Shared Voting Power | |||
BENEFICIALLY | |||||
OWNED BY | -0- | ||||
EACH | 7 | Sole Dispositive Power | |||
REPORTING | |||||
PERSON | 1,566,000 | ||||
WITH | 8 | Shared Dispositive Power | |||
-0- | |||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person | ||||
1,566,000 | |||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares | ||||
o | |||||
11 | Percent of Class Represented by Amount in Row (9) | ||||
3.88%(2) | |||||
12 | Type of Reporting Person | ||||
OO |
Page 6 of 11
(a) | Name of Issuer: IMAX CORP |
||
(b) | Address of Issuers Principal Executive Offices: 2525 Speakman Drive Mississauga, Ontario Canada L5K1B1 |
(1)(a) | NAME OF PERSONS FILING: Kevin Douglas Michelle Douglas James E. Douglas, III |
||
(b) | ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: 125 E. Sir Francis Drake Blvd., Ste 400 Larkspur, CA 94939 |
||
(c) | CITIZENSHIP: United States |
||
(d) | TITLE OF CLASS OF SECURITIES: Common Stock |
||
(e) | CUSIP NUMBER: 45245E109 |
||
(2)(a) | NAME OF PERSONS FILING: Douglas Family Trust James Douglas and Jean Douglas Irrevocable Descendants Trust |
||
(b) | ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: 125 E. Sir Francis Drake Blvd., Ste 400 Larkspur, CA 94939 |
||
(c) | CITIZENSHIP: California |
||
(d) | TITLE OF CLASS OF SECURITIES: Common Stock |
||
(e) | CUSIP NUMBER: 45245E109 |
Page 7 of 11
(a) | o | Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). | |
(b) | o | Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). | |
(c) | o | Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). | |
(d) | o | Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8) | |
(e) | o | An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); | |
(f) | o | An employee benefit plan or endowment fund in accordance with §240.13d- 1(b)(1)(ii)(F); | |
(g) | o | A parent holding company or control person in accordance with §240.13d- 1(b)(1)(ii)(G); | |
(h) | o | A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); | |
(i) | o | A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a- 3); | |
(j) | o | Group, in accordance with §240.13d-1(b)(1)(ii)(J) |
Page 8 of 11
COMMON STOCK | ||||
REPORTING PERSON | DIRECTLY HELD | |||
Kevin and Michelle Douglas (1)(2) |
2,494,000 | |||
James E. Douglas, III (3) |
580,000 | |||
Douglas Family Trust (4) |
1,160,000 | |||
James Douglas and Jean Douglas Irrevocable Descendants
Trust (5) |
1,566,000 | |||
Total |
5,800,000 |
(1) | Kevin Douglas has (i) shared voting and shared dispositive power with respect to all 2,494,000 shares he holds directly and jointly with his wife, Michelle Douglas; (ii) shared dispositive power with respect to all 580,000 shares held directly by James E. Douglas, III and all 1,160,000 shares held directly by the Douglas Family Trust pursuant to written authorizations; and (iii) shared voting and shared dispositive power, in his capacity as co-trustee, with respect to all 1,566,000 shares held directly by the James Douglas and Jean Douglas Irrevocable Descendants Trust. | |
(2) | Michelle Douglas has (i) shared voting and shared dispositive power with respect to all 2,494,000 shares she holds directly and jointly with her husband, Kevin Douglas and (ii) shared voting and shared dispositive power, in her capacity as co-trustee, with respect to all 1,566,000 shares held directly by the James Douglas and Jean Douglas Irrevocable Descendants Trust. | |
(3) | James E. Douglas, III has sole voting power with respect to all 580,000 shares he holds directly and has shared dispositive power along with Kevin Douglas with respect to all of such shares. | |
(4) | The Douglas Family Trust has sole voting power with respect to all 1,160,000 shares it holds directly and has shared dispositive power with Kevin Douglas with respect to all of such shares. | |
(5) | The James Douglas and Jean Douglas Irrevocable Descendants Trust has sole voting and sole dispositive power with respect to all 1,566,000 shares it holds directly. |
Page 9 of 11
Page 10 of 11
Date: December 17, 2007
|
By: | /s/ Eileen Davis-Wheatman, as Attorney-in-fact | ||||
Kevin Douglas | ||||||
Date: December 17, 2007
|
By: | /s/ Eileen Davis-Wheatman, as Attorney-in-fact | ||||
Michelle Douglas | ||||||
Date: December 17, 2007
|
By: | /s/ Eileen Davis-Wheatman, as Attorney-in-fact | ||||
James E. Douglas, III | ||||||
DOUGLAS FAMILY TRUST | ||||||
Date: December 17, 2007
|
By: | /s/ Eileen Davis-Wheatman, as Attorney-in-fact | ||||
Name: James E. Douglas, Jr. Title: Trustee |
||||||
Date: December 17, 2007
|
By: | /s/ Eileen Davis-Wheatman, as Attorney-in-fact | ||||
Name: Jean A. Douglas Title: Trustee |
||||||
JAMES DOUGLAS AND JEAN DOUGLAS IRREVOCABLE DESCENDANTS TRUST | ||||||
Date: December 17, 2007
|
By: | /s/ Eileen Davis-Wheatman, as Attorney-in-fact | ||||
Name: Kevin Douglas Title: Trustee |
||||||
Date: December 17, 2007
|
By: | /s/ Eileen Davis-Wheatman, as Attorney-in-fact | ||||
Name: Michelle Douglas Title: Trustee |
Date: December 17, 2007
|
By: | /s/ Eileen Davis-Wheatman, as Attorney-in-fact | ||||
Kevin Douglas | ||||||
Date: December 17, 2007
|
By: | /s/ Eileen Davis-Wheatman, as Attorney-in-fact | ||||
Michelle Douglas | ||||||
Date: December 17, 2007
|
By: | /s/ Eileen Davis-Wheatman, as Attorney-in-fact | ||||
James E. Douglas, III | ||||||
DOUGLAS FAMILY TRUST | ||||||
Date: December 17, 2007
|
By: | /s/ Eileen Davis-Wheatman, as Attorney-in-fact | ||||
Name: James E. Douglas, Jr. Title: Trustee |
||||||
Date: December 17, 2007
|
By: | /s/ Eileen Davis-Wheatman, as Attorney-in-fact | ||||
Name: Jean A. Douglas Title: Trustee |
||||||
JAMES DOUGLAS AND JEAN DOUGLAS IRREVOCABLE DESCENDANTS TRUST | ||||||
Date: December 17, 2007
|
By: | /s/ Eileen Davis-Wheatman, as Attorney-in-fact | ||||
Name: Kevin Douglas Title: Trustee |
||||||
Date: December 17, 2007
|
By: | /s/ Eileen Davis-Wheatman, as Attorney-in-fact | ||||
Name: Michelle Douglas Title: Trustee |