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: LISTER ROBERT D (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-07	common shares	M	8090	$0.00	Acquired	70542	Direct
2021-03-07	common shares	M	12590	$0.00	Acquired	83132	Direct
2021-03-07	common shares	M	11671	$0.00	Acquired	94803	Direct
2021-03-07	common shares	M	23584	$0.00	Acquired	118387	Direct
2021-03-07	common shares	F	30463	$24.59	Disposed	87924	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-07	restricted share units	$0.00	M	8090	Disposed		common shares (8090)	Direct
2021-03-07	restricted share units	$0.00	M	12590	Disposed		common shares (12590)	Direct
2021-03-07	restricted share units	$0.00	M	11671	Disposed		common shares (11671)	Direct
2021-03-07	restricted share units	$0.00	M	23584	Disposed		common shares (23584)	Direct
2021-03-07	restricted share units	$0.00	A	58309	Acquired		common shares (58309)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
common shares (opening balance)	62452	Direct

Footnotes

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

F2: Mr. Lister is reporting the withholding by IMAX Corporation of 30,463 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 vest and will be converted to common shares in four equal installments on each of the first four anniversaries of the grant date.

F6: 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.

F7: This represents the number of restricted share units for this transaction only. Mr. Lister's aggregate remaining outstanding option, restricted share unit and common share balances following these transactions will be 263,617; 141,413 and 87,924, respectively.