IMAX CORP — Director's Dealing 2021

Mar 10, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IMAX CORP (IMAX)
CIK: 0000921582
Period of Report: 2021-03-07

Reporting Person: Tu Denny (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-07	common shares	M	1349	$0.00	Acquired	3767	Direct
2021-03-07	common shares	M	2084	$0.00	Acquired	5851	Direct
2021-03-07	common shares	M	4211	$0.00	Acquired	10062	Direct
2021-03-07	common shares	M	1005	$0.00	Acquired	11067	Direct
2021-03-07	common shares	F	3147	$24.59	Disposed	7920	Direct
2021-03-08	common shares	S	2000	$22.8601	Disposed	5920	Direct
2021-03-09	common shares	S	2000	$23.5359	Disposed	3920	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-07	restricted share units	$0.00	M	1349	Disposed		common shares (1349)	Direct
2021-03-07	restricted share units	$0.00	M	2084	Disposed		common shares (2084)	Direct
2021-03-07	restricted share units	$0.00	M	4211	Disposed		common shares (4211)	Direct
2021-03-07	restricted share units	$0.00	M	1005	Disposed		common shares (1005)	Direct
2021-03-07	restricted share units	$0.00	A	17746	Acquired		common shares (17746)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
common shares (opening balance)	2418	Direct

Footnotes

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

F2: Mr. Tu is reporting the withholding by IMAX Corporation of 3,147 common shares to satisfy the tax withholding obligations in connection with the delivery of common shares upon conversion of the restricted share unit transactions.

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 will vest and be converted to common shares on December 1, 2021.

F6: 2,084 of the restricted share units vest and will be converted to common shares on March 7, 2022 and 2,502 on December 1, 2022.

F7: 4,211 of the restricted share units vest and will be converted to common shares on March 7, 2022 and 4,212 on March 7, 2023.

F8: 1,005 of the restricted share units vest and will be converted to common shares on March 7, 2022 and 1,006 on March 7, 2023.

F9: The restricted share units vest and will be converted to common shares in three equal installments on each of the first three anniversaries of the grant date.

F10: This represents the number of restricted share units for this transaction only. Mr. Tu's aggregate remaining outstanding option, restricted share unit and common share balances following these transactions will be 10,324; 33,884 and 3,920, respectively.