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: Weissman Kenneth Ian (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-07	common shares	M	722	$0.00	Acquired	6208	Direct
2020-03-07	common shares	M	1799	$0.00	Acquired	8007	Direct
2020-03-07	common shares	M	1333	$0.00	Acquired	9340	Direct
2020-03-09	common shares	S	1520	$14.1817	Disposed	7820	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-03-07	restricted share units	$0.00	M	722	Disposed		common shares (722)	Direct
2020-03-07	restricted share units	$0.00	M	1799	Disposed		common shares (1799)	Direct
2020-03-07	restricted share units	$0.00	M	1333	Disposed		common shares (1333)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
common shares (opening balance)	5486	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 for this transaction only. Mr. Weissman's aggregate remaining outstanding option, restricted share unit and common share balances following these transactions will be 26,239; 10,159 and 7,820, respectively.