IMAX CORP — Director's Dealing 2010

Nov 4, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IMAX CORP (IMAX)
CIK: 0000921582
Period of Report: 2010-11-02

Reporting Person: DOUGLAS KEVIN (10% Owner, 13(d)(3) group)
Reporting Person: DOUGLAS FAMILY TRUST (10% Owner, 13(d)(3) group)
Reporting Person: JAMES & JEAN DOUGLAS IRREVOCABLE DESCENDANTS TRUST (10% Owner, 13(d)(3) group)
Reporting Person: DOUGLAS JAMES E III (10% Owner, 13(d)(3) group)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-11-02	Common Stock	S	135751	$22.76	Disposed	3573621	Direct
2010-11-02	Common Stock	S	85239	$22.76	Disposed	2243902	Indirect
2010-11-02	Common Stock	S	63140	$22.76	Disposed	1662149	Indirect
2010-11-02	Common Stock	S	31570	$22.76	Disposed	831075	Indirect
2010-11-03	Common Stock	S	175913	$22.59	Disposed	3397708	Direct
2010-11-03	Common Stock	S	110457	$22.59	Disposed	2133445	Indirect
2010-11-03	Common Stock	S	81820	$22.59	Disposed	1580329	Indirect
2010-11-03	Common Stock	S	40910	$22.59	Disposed	790165	Indirect
2010-11-04	Common Stock	S	75336	$22.32	Disposed	3322372	Direct
2010-11-04	Common Stock	S	47304	$22.32	Disposed	2086141	Indirect
2010-11-04	Common Stock	S	35040	$22.32	Disposed	1545289	Indirect
2010-11-04	Common Stock	S	17520	$22.32	Disposed	772645	Indirect

Footnotes

F1: These securities are held directly and jointly by Kevin Douglas and his wife, Michelle Douglas.

F2: Each of the reporting persons hereunder (individually, a "Reporting Person" and collectively the "Reporting Persons") may be deemed a member of a "group" within the meaning of Section 13(d)(3) of the Securities and Exchange Act of 1934, as amended (the "Exchange Act") or Rule 13d-5 promulgated under the Exchange Act, with one or more of the other Reporting Persons. Although the Reporting Persons are reporting such securities as if they were members of a "group", the filing of this Form 4 shall not be deemed an admission by any Reporting Person that such Reporting Person is a beneficial owner of any securities other than those directly held by such Reporting Person.

F3: These securities are held directly by the James Douglas and Jean Douglas Irrevocable Descendants' Trust and indirectly by Kevin Douglas. Kevin Douglas and Michelle Douglas, husband and wife, are each a co-trustee of the James Douglas and Jean Douglas Irrevocable Descendants' Trust.

F4: These securities are held directly by the Douglas Family Trust and indirectly by Kevin Douglas. James E. Douglas and Jean A. Douglas, husband and wife, are each a co-trustee of the Douglas Family Trust.

F5: These securities are held directly by James E. Douglas III and indirectly by Kevin Douglas