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: McClymont Patrick (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-03-07	common shares	M	7801	$0.00	Acquired	15365	Direct
2019-03-07	common shares	M	9712	$0.00	Acquired	25077	Direct
2019-03-08	common shares	S	8596	$22.4313	Disposed	16481	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-03-07	restricted share units	$0.00	M	7801	Disposed		common shares (7801)	Direct
2019-03-07	restricted share units	$0.00	M	9712	Disposed		common shares (9712)	Direct
2019-03-07	restricted share units	$0.00	A	45020	Acquired		common shares (45020)	Direct
2019-03-07	stock options (to buy)	$22.49	A	47736	Acquired	2026-03-07	common shares (47736)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
common shares (opening balance)	7564	Direct

Footnotes

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

F2: Mr. McClymont 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 equal installments on each of the first four anniversaries of the grant date.

F6: This represents the number of restricted share units or stock options for this transaction only. Mr. McClymont's aggregate remaining outstanding option, restricted share unit and common share balances following these transactions will be 154,528; 104,935 and 16,481 respectively.

F7: The restricted share units vest and will be converted to common shares in four installments 9,004 on March 7, 2020; 11,255 on each of March 7, 2021 and March 7, 2022 and 13,506 on March 7, 2023.

F8: The stock options will become exercisable in 4 installments: 9,547 on March 7, 2020; 11,934 on each of March 7, 2021 and March 7, 2022 and 14,321 on March 7, 2023.