IMAX CORP — Director's Dealing 2011

May 23, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IMAX CORP (IMAX)
CIK: 0000921582
Period of Report: 2011-05-19

Reporting Person: RUBY G MARY (Chief Administrative Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-05-19	common shares	C	6500	$6.86	Acquired	13502	Direct
2011-05-19	common shares	S	8000	$36.49	Disposed	7002	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-05-19	stock options to buy	$6.86	C	6500	Disposed	2014-12-31	common shares (6500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
common shares	7002	Direct

Footnotes

F1: The options became exercisable in two installments: 3,000 on December 31, 2008 and 3,500 on December 31, 2009.