IMAX CORP — Director's Dealing 2011

May 10, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IMAX CORP (IMAX)
CIK: 0000921582
Period of Report: 2011-05-06

Reporting Person: COPLAND KENNETH G (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-05-06	common shares	C	7000	$5.50	Acquired	7000	Direct
2011-05-06	common shares	C	5448	$5.50	Acquired	12448	Direct
2011-06-06	common shares	G	12448	$0.00	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-05-06	stock options to buy	$5.50	C	7000	Disposed	2011-06-04	common shares (7000)	Direct
2011-05-06	stock options to buy	$5.50	C	5448	Disposed	2011-06-04	common shares (5448)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
common shares	25804	Indirect

Footnotes

F1: The common shares were acquired pursuant to the exercise of stock options that had an expiration date of June 4, 2011.

F2: On May 6, 2011, Mr. Copland gifted 12,448 common shares of IMAX Corporation to charitable organizations.

F3: The options became exercisable in four equal installments of 1,362 options on each of September 4, 2004, December 4, 2004, March 4, 2005 and June 4, 2005.