IMAX CORP — Director's Dealing 2011

Nov 4, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IMAX CORP (IMAX)
CIK: 0000921582
Period of Report: 2011-11-03

Reporting Person: FOSTER GREG (Chairman&Pres Filmed Entertain)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-11-03	common shares	C	50000	$6.89	Acquired	76000	Direct
2011-11-03	common shares	S	50000	$19.20	Disposed	26000	Direct
2011-11-03	common shares	C	100000	$6.89	Acquired	126000	Direct
2011-11-03	common shares	S	100000	$19.20	Disposed	26000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-11-03	stock options (to buy)	$6.89	C	50000	Disposed	2011-11-07	common shares (50000)	Direct
2011-11-03	stock options (to buy)	$6.89	C	100000	Disposed	2011-11-07	common shares (100000)	Direct

Footnotes

F1: 150,000 stock options scheduled to expire on November 7, 2011, were exercised and sold as common shares, pursuant to Rule 10b5-1 Sales Plan, adopted on July 29, 2011, to ensure the orderly disposal of common shares. Mr. Foster's sale of common shares pursuant to option exercises under this Sales Plan is complete.

F2: The stock options became exerisable in five equal installments of 10,000 on each of June 15, 2005; July 15, 2005; November 18, 2005; March 17,2006 and May 12, 2006.

F3: The stock options became exercisable in two equal installments of 50,000 on each of Nov 1, 2006 and Nov 1, 2007.