IMAX CORP — Director's Dealing 2019

Dec 3, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IMAX CORP (IMAX)
CIK: 0000921582
Period of Report: 2019-12-01

Reporting Person: WELTON MARK (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-12-01	common shares	M	5298	$0.00	Acquired	10968	Direct
2019-12-02	common shares	S	2831	$21.2453	Disposed	8137	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-12-01	restricted share units	$0.00	M	5298	Disposed		common shares (5298)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
common shares (opening balance)	5670	Direct

Footnotes

F1: Represents the conversion upon vesting of restricted share units into common shares.

F2: Mr. Welton is reporting the sale of common shares to satisfy the tax withholding obligations in connection with the delivery of common shares upon conversion of the restricted share unit.

F3: Each restricted share unit represents a contingent right to receive one common share of IMAX Corporation.

F4: Each restricted share unit is the economic equivalent of one common share of IMAX Corporation.

F5: The restricted share units vested and converted to common shares in four installments: 3,533 on March 7, 2017, 4,415 on each of March 7, 2018 and March 7, 2019 and 5,298 on December 1, 2019.

F6: This represents the number of restricted share units for this transaction only. Mr. Welton's aggregate remaining outstanding option, restricted share unit and common share balances following these transactions will be 220,358; 84,997 and 8,137 respectively.