IMAX CORP — Director's Dealing 2019

Jan 3, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IMAX CORP (IMAX)
CIK: 0000921582
Period of Report: 2018-12-31

Reporting Person: GELFOND RICHARD L (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-12-31	common shares	M	21761	$0.00	Acquired	256915	Direct
2018-12-31	common shares	F	11636	$18.18	Disposed	245279	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-12-31	restricted share units	$	M	21761	Disposed	2020-01-31	common shares (21761)	Direct
2019-01-02	stock options (to buy)	$18.75	A	522979	Acquired	2029-01-02	common shares opening balance (522979)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
common shares (opening balance)	235154	Direct

Footnotes

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

F2: Mr. Gelfond is reporting the withholding of common shares by IMAX Corporation to satisfy his tax withholding obligations in connection with the delivery of common shares upon conversion of the restricted share unit

F3: This represents the number of restricted share units or stock options for this transaction only. Mr. Gelfond's aggregate remaining outstanding option, restricted share unit and common share balances following these transaction will be 3,396,343; 65,283 and 245,279 respectively.

F4: Each restricted share unit represents a contingent right to receive one common share of IMAX Corporation.

F5: Each restricted share unit is the economic equivalent of one common share of IMAX Corporation.

F6: The stock options were granted pursuant to Mr. Gelfond's November 2016 employment renewal with IMAX Corporation.

F7: The stock options become exercisable in three installments: 174,326 on each of May 1, 2019; September 1, 2019 and 174,327 on December 31, 2019.