IMAX CORP — Director's Dealing 2020

Mar 10, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IMAX CORP (IMAX)
CIK: 0000921582
Period of Report: 2020-03-07

Reporting Person: McClymont Patrick (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-07	common shares	M	7801	$0.00	Acquired	26272	Direct
2020-03-07	common shares	M	12140	$0.00	Acquired	38412	Direct
2020-03-07	common shares	M	9004	$0.00	Acquired	47416	Direct
2020-03-09	common shares	S	14206	$14.1817	Disposed	33210	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-03-07	restricted share units	$0.00	M	7801	Disposed		common shares (7801)	Direct
2020-03-07	restricted share units	$0.00	M	12140	Disposed		common shares (12140)	Direct
2020-03-07	restricted share units	$0.00	M	9004	Disposed		common shares (9004)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
common shares (opening balance)	18471	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 for this transaction only. Mr. Mclymont's aggregate remaining outstanding option, restricted share unit and common share balances following these transactions will be 154,528; 72,085 and 33,210, respectively.