IMAX CORP — Director's Dealing 2012

Aug 17, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IMAX CORP (IMAX)
CIK: 0000921582
Period of Report: 2012-08-14

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)
Reporting Person: KGD 2010 ANNUITY TRUST III (10% Owner, 13(d)(3) group)
Reporting Person: MMD 2010 ANNUITY TRUST III (10% Owner, 13(d)(3) group)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-08-14	Common Stock	X	5200	$23.00	Acquired	3196412	Direct
2012-08-14	Common Stock	P	74421	$20.86	Acquired	3270833	Direct
2012-08-14	Common Stock	P	61398	$20.86	Acquired	2480839	Indirect
2012-08-14	Common Stock	P	31629	$20.86	Acquired	1748618	Indirect
2012-08-14	Common Stock	P	18605	$20.86	Acquired	892250	Indirect
2012-08-15	Common Stock	P	45579	$21.06	Acquired	3316412	Direct
2012-08-15	Common Stock	P	37602	$21.06	Acquired	2518441	Indirect
2012-08-15	Common Stock	P	19371	$21.06	Acquired	1767989	Indirect
2012-08-15	Common Stock	P	11395	$21.06	Acquired	903645	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-08-14	Put Option (obligation to buy)	$23	X	52	Disposed	2012-08-18	Common Stock (5200)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	267580	Indirect
Common Stock	267580	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Put Option (obligation to buy)	$23	2012-08-18	Common Stock (66000)	660	Indirect
Put Option (obligation to buy)	$23	2012-08-18	Common Stock (34000)	340	Indirect
Put Option (obligation to buy)	$23	2012-08-18	Common Stock (20000)	200	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

F6: These securities are held by the KGD 2010 Annuity Trust III, a grantor-retained annuity trust of which Kevin Douglas is the sole trustee, and indirectly by Kevin Douglas.

F7: These securities are held by the MMD 2010 Annuity Trust III, a grantor-retained annuity trust of which Michelle Douglas is the sole trustee, and indirectly by Michelle Douglas and Kevin Douglas.