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Imax Corporation insider just cashed-in 100,000 options

Richard L Gelfond, an insider of Imax Corporation, recently cashed-in 100,000 options. The options were exercised at $28.19, while the disposals took place between $37.76 and $39.58 per share, on dates ranging from December 14 to December 16, 2015. Gelfond continues to hold 227,386 shares of the company. Gelfond operates out of New York, NY. Some additional info was provided as follows:

Stock options were exercised and common shares sold pursuant to Rule 10b5-1 Sales...