IMAX CORP — Director's Dealing 2023

Jan 5, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IMAX CORP (IMAX)
CIK: 0000921582
Period of Report: 2023-01-02

Reporting Person: GELFOND RICHARD L (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-01-02	common shares	M	44716	$0.00	Acquired	399703	Direct
2023-01-02	common shares	F	24728	$14.66	Disposed	374975	Direct
2023-01-02	common shares	M	51382	$0.00	Acquired	426357	Direct
2023-01-02	common shares	F	28999	$14.66	Disposed	397358	Direct
2023-01-04	common shares	M	11364	$0.00	Acquired	408722	Direct
2023-01-04	common shares	F	6285	$15.15	Disposed	402437	Direct
2023-01-04	common shares	M	52083	$0.00	Acquired	454520	Direct
2023-01-04	common shares	F	28802	$15.15	Disposed	425718	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-01-02	restricted share units	$0.00	M	44716	Disposed		common shares (44716)	Direct
2023-01-02	restricted share units	$0.00	M	51382	Disposed		common shares (51382)	Direct
2023-01-02	restricted share units	$0.00	A	187585	Acquired		common shares (187585)	Direct
2023-01-04	restricted share units	$0.00	M	11364	Disposed		common shares (11364)	Direct
2023-01-04	restricted share units	$0.00	M	52083	Disposed		common shares (52083)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
common shares (opening balance)	354987	Direct

Footnotes

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

F2: Mr. Gelfond is reporting the withholding of common shares by IMAX Corporation to satisfy the tax withholding obligation in connection with the delivery of common shares upon conversion of the restricted share unit transaction.

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 vested and converted to common shares on January 2, 2023.

F6: This represents the number of restricted share units for this transaction only. Mr. Gelfond's aggregate remaining outstanding option, restricted share unit and common share balances following these transactions will be 2,713,015; 342,434 and 425,718 respectively.

F7: 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.

F8: The restricted share units vested and converted to common shares on January 4, 2023.