IMAX CORP — Major Shareholding Notification 2010

Feb 12, 2010

PAGEBREAK

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

(Amendment No. 10)*

Under the Securities Exchange Act of 1934

IMAX CORPORATION

(Name of Issuer)

Common Shares

(Title of Class of Securities)

45245E109

(CUSIP Number)

December 31, 2009

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

o : Rule 13d-1(b)

o : Rule 13d-1(c)

þ : Rule 13d-1(d)

• The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

PAGEBREAK

CUSIP No. 45245E109 13G Page 2 of 6

1	NAMES OF REPORTING PERSON: Bradley J. Wechsler
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
	(a) o
	(b) o Not applicable
3	SEC USE ONLY:
4	CITIZENSHIP OR PLACE OF ORGANIZATION:
	United States
	5	SOLE VOTING POWER:
NUMBER OF		2,033,285
SHARES	6	SHARED VOTING POWER:
BENEFICIALLY
OWNED BY		474,500
EACH	7	SOLE DISPOSITIVE POWER:
REPORTING
PERSON		2,033,285
WITH	8	SHARED DISPOSITIVE POWER:
		474,500
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
	2,507,785
10	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES:
	o
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):
	3.9%
12	TYPE OF REPORTING PERSON:
	IN

Folio /Folio

PAGEBREAK

TOC /TOC

CUSIP No. 45245E109 13G Page 3 of 6

link2 "Item 1."

Item 1.

(a)	Name of Issuer:
	IMAX Corporation
(b)	Address of Issuer’s Principal Executive Offices:
	2525 Speakman Drive, Mississauga, Ontario, L5K 1B1, Canada

link2 "Item 2."

Item 2.

(a)	Name of Person Filing:
	Bradley J. Wechsler
(b)	Address of Principal Business Office or, if none, Residence:
	110 E 59 th Street, Suite 2100, New York, New York, 10022, United States
(c)	Citizenship:
	United States
(d)	Title of Class of Securities:
	Common Shares
(e)	CUSIP Number:
	45245E109

link2 "Item 3. If this statement is filed pursuant to §240.13d-1(b), or §240.13d-2(b) or (c), check whether the person filing is a:"

Item 3. If this statement is filed pursuant to §240.13d-1(b), or §240.13d-2(b) or (c), check whether the person filing is a:

(a)	o	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
(b)	o	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
(c)	o	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C.
78c).
(d)	o	Investment company registered under section 8 of the Investment Company
Act of 1940 (15 U.S.C. 80a-8).
(e)	o	An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E).
(f)	o	An employee benefit plan or endowment fund in accordance with
§240.13d-1(b)(1)(ii)(F).
(g)	o	A parent holding company or control person, in accordance with
§240.13d-1(b)(1)(ii)(G).

Folio /Folio

PAGEBREAK

CUSIP No. 45245E109 13G Page 4 of 6

| (h) | o | A savings associations as defined in section 3(b) of the Federal
Deposit Insurance Act (12 U.S.C. 1813). |
| --- | --- | --- |
| (i) | o | A church plan that is excluded from the definition of an investment
company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3). |
| (j) | o | A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J). |
| (k) | o | Group, in accordance with §240.13d-1(b)(1)(ii)(J). |

If filing as a non-U.S. institution in accordance with§240.13d-1(b)(1)(ii)(J), please specify the type of institution:

link2 "Item 4. Ownership"

Item 4. Ownership.

(a)	Amount beneficially owned:
	2,507,785
(b)	Percent of class:
	3.9%
(c)	Number of shares as to which the person has:

(i)	Sole power to vote or to direct the vote:
	2,033,285
(ii)	Shared power to vote or to direct the vote:
	474,500
(iii)	Sole power to dispose or to direct the disposition of:
	2,033,285
(iv)	Shared power to dispose or to direct the disposition of:
	474,500

As of December 31, 2009, the number of Shares set forth in boxes 5 and 9 on the second part of the cover page to this Schedule 13G includes 1,050,000 Shares issuable pursuant to options exercisable within 60 days of December 31, 2009.

Bradley J. Wechsler disclaims beneficial ownership of 474,500 Shares which are reported in this Schedule 13G.

Folio /Folio

PAGEBREAK

CUSIP No. 45245E109 13G Page 5 of 6

link2 "Item 5. Ownership of Five Percent or Less of a Class"

Item 5. Ownership of Five Percent or Less of a Class.

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following þ .

link2 "Item 6. Ownership of More than Five Percent on Behalf of Another Person"

Item 6. Ownership of More than Five Percent on Behalf of Another Person.

Not applicable

link2 "Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company"

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.

Not applicable

link2 "Item 8. Identification and Classification of Members of the Group"

Item 8. Identification and Classification of Members of the Group.

Not applicable

link2 "Item 9. Notice of Dissolution of Group"

Item 9. Notice of Dissolution of Group.

Not applicable

link2 "Item 10. Certification"

Item 10. Certification.

Not applicable

Folio /Folio

PAGEBREAK

CUSIP No. 45245E109 13G Page 6 of 6

link1 "SIGNATURES"

SIGNATURES

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date:	February 12, 2010
By:	/s/ Bradley J. Wechsler
Name:	Bradley J. Wechsler

Folio /Folio