IMAX CORP — Director's Dealing 2019

Mar 11, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IMAX CORP (IMAX)
CIK: 0000921582
Period of Report: 2019-03-07

Reporting Person: Weissman Kenneth Ian (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-03-07	common shares	M	706	$0.00	Acquired	6394	Direct
2019-03-07	common shares	M	722	$0.00	Acquired	7116	Direct
2019-03-07	common shares	M	1439	$0.00	Acquired	8555	Direct
2019-03-08	common shares	S	1129	$22.4313	Disposed	7426	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-03-07	restricted share units	$0.00	M	706	Disposed		common shares (706)	Direct
2019-03-07	restricted share units	$0.00	M	722	Disposed		common shares (722)	Direct
2019-03-07	restricted share units	$0.00	M	1439	Disposed		common shares (1439)	Direct
2019-03-07	stock options (to buy)	$22.49	A	7072	Acquired	2026-03-07	common shares (7072)	Direct
2019-03-07	restricted share units	$0.00	A	6669	Acquired		common shares (6669)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
common shares (opening balance)	5688	Direct

Footnotes

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

F2: Mr. Weissman 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 vest and will be converted to common shares in four installments: 20% of the initial grant on the first anniversary of the grant date, 25% of the initial grant on each of the second and third anniversaries of the grant date and 30% of the initial grant on December 1 of the third year after the grant date.

F6: This represents the number of restricted share units or stock options for this transaction only. Mr. Weissman's aggregate remaining outstanding option, restricted share unit and common share balances following these transactions will be 33,503; 14,861 and 7,426 respectively.

F7: The stock options will become exercisable in 4 installments: 1,414 on March 7, 2020; 1,768 on each of March 7, 2021 and March 7, 2022 and 2,122 on March 7, 2023.

F8: The restricted share units vest and will be converted to common shares in four installments 1,333 on March 7, 2020; 1,667 on each of March 7, 2021 and March 7, 2022 and 2,022 on December 1, 2022.