IMAX CORP — Director's Dealing 2017

Jan 5, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IMAX CORP (IMAX)
CIK: 0000921582
Period of Report: 2016-12-31

Reporting Person: GELFOND RICHARD L (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-12-31	common shares	M	14995	$0.00	Acquired	156042	Direct
2016-12-31	common shares	F	7733	$31.40	Disposed	148309	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-12-31	restricted share units	$0.00	M	14995	Disposed	2017-01-31	common shares (14995)	Direct
2017-01-03	stock options (to buy)	$31.90	A	356757	Acquired	2027-01-03	common shares (356757)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
common shares (opening balance)	141047	Direct
common shares	7550	Indirect
common shares	7550	Indirect

Footnotes

F1: Each restricted share unit represents a contingent right to receive one common share of IMAX Corporation.

F2: Mr. Gelfond is reporting 7,733 common shares withheld to satisfy his tax withholding obligations in connection with the delivery of common shares upon conversion of the restricted share unit transaction.

F3: This represents the number of restricted share units for this transaction only. Mr. Gelfond's aggregate remaining outstanding option, restricted share unit and common share balances following this transaction will be 2,420,689; 325,330 and 163,409 respectively.

F4: The stock options become exercisable in nine installments: 39,640 on each of May 1, 2017; September 1, 2017; May 1, 2018; December 31, 2018; September 1, 2019 and December 31, 2019; and 39,639 on each of December 31, 2017; September 1, 2018 and May 1, 2019.