IMAX CORP — Director's Dealing 2011

Jul 1, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IMAX CORP (IMAX)
CIK: 0000921582
Period of Report: 2011-06-28

Reporting Person: GELFOND RICHARD L (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-06-28	common shares	C	33333	$4.85	Acquired	234983	Direct
2011-06-28	common shares	S	33333	$30.83	Disposed	201650	Direct
2011-06-29	common shares	C	33333	$4.85	Acquired	234983	Direct
2011-06-29	common shares	S	33333	$31.64	Disposed	201650	Direct
2011-06-30	common shares	C	33334	$4.85	Acquired	234984	Direct
2011-06-30	common shares	S	33334	$32.19	Disposed	201650	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-06-28	stock options (to buy)	$4.85	C	33333	Disposed	2012-04-23	common shares (33333)	Direct
2011-06-29	stock options (to buy)	$4.85	C	33333	Disposed	2012-04-23	common shares (33333)	Direct
2011-06-30	stock options (to buy)	$4.85	C	33334	Disposed	2012-04-23	common shares (33334)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
common shares	50000	Indirect
common shares	25050	Indirect
common shares	25050	Indirect
common shares	128750	Indirect

Footnotes

F1: Exercise of stock options and sale of underlying common shares pursuant to Rule 10b5-1 Sales Plan adopted on May 26, 2011 to ensure the orderly disposal of common shares in part underlying stock options set to expire in April and June 2012. Options exercised and sold as noted in this report were set to expire April 23, 2012. Mr. Gelfond's Sales Plan is scheduled to terminate on November 16, 2011.