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: Colligan Megan (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-07	common shares	M	9631	$0.00	Acquired	9631	Direct
2020-03-07	common shares	M	7063	$0.00	Acquired	16694	Direct
2020-03-09	common shares	S	5778	$14.1817	Disposed	10916	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-03-07	restricted share units	$0.00	M	9631	Disposed		common shares (9631)	Direct
2020-03-07	restricted share units	$0.00	M	7063	Disposed		common shares (7063)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
common shares (opening balance)	0	Direct

Footnotes

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

F2: Ms. Colligan 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 converts to common shares in four installments: 9,631 on March 7, 2020; 12,039 on each of March 7, 2021 and March 7, 2022 and 14,450 on December 1, 2022.

F6: The restricted share units vest and converts to common shares in three installments: 7,063 on each of March 7, 2020 and March 7, 2021 and 7,278 on March 7, 2022.

F7: This represents the number of restricted share units for this transaction only. Ms. Colligan's aggregate remaining outstanding option, restricted share unit and common share balances following these transactions will be 124,573; 52,869 and 10,916, respectively.