IMAX CORP — Director's Dealing 2010

Jan 8, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IMAX CORP (IMAX)
CIK: 0000921582
Period of Report: 2010-01-08

Reporting Person: WELTON MARK (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-01-08	common shares	C	15000	$7.45	Acquired	15000	Direct
2010-01-08	common shares	C	20000	$5.59	Acquired	35000	Direct
2010-01-08	common shares	C	5000	$2.87	Acquired	40000	Direct
2010-01-08	common shares	S	40000	$14.13	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-01-08	stock options (to buy)	$7.45	C	15000	Disposed	2010-08-14	common shares (15000)	Direct
2010-01-08	stock options (to buy)	$5.59	C	20000	Disposed	2011-06-24	common shares (20000)	Direct
2010-01-08	stock options (to buy)	$2.87	C	5000	Disposed	2015-12-16	common shares (5000)	Direct

Footnotes

F1: The Stock Options became exercisable in three installments of 5,000 each on August 14, 2004; August 14, 2005 and August 14, 2006.

F2: The Stock Options became exercisable in five installments: 2,000 on June 24, 2005; 3,000 on June 24, 2006; 4,000 on June 24, 2007; 5,000 on June 24, 2008 and 6,000 on June 24, 2009.