IMAX CORP — Director's Dealing 2020

Jun 8, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IMAX CORP (IMAX)
CIK: 0000921582
Period of Report: 2020-06-04

Reporting Person: Demirian Eric A (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-06-04	common shares	M	9765	$0.00	Acquired	50509	Direct
2020-06-04	common shares	F	5228	$13.44	Disposed	45281	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-06-04	restricted share units	$0.00	A	9765	Acquired		common shares (9765)	Direct
2020-06-04	restricted share units	$0.00	M	9765	Disposed		common shares (9765)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
common shares (opening balance)	40744	Direct

Footnotes

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

F2: Mr. Demirian is reporting the withholding 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: Mr. Demirian received a grant of restricted share units in connection with his membership on the IMAX Corporation Board of Directors.

F6: The restricted share units vest and convert to common shares on the date of grant, June 4, 2020.

F7: This represents Mr. Demirian's restricted share unit balance for this grant after this transaction. Mr. Demirian's total common share balance following this transaction will be 45,281.