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Ownership Document |
Schema Version: X0508 |
Document Type: 4 |
Period of Report: 3/7/24 |
Issuer: |
| Issuer CIK: 921582 |
| Issuer Name: IMAX CORP |
| Issuer Trading Symbol: IMAX |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 944011 |
| | Owner Name: GELFOND RICHARD L |
| Reporting Owner Address: |
| | Owner Street 1: 902 BROADWAY |
| | Owner Street 2: 20TH FLOOR |
| | Owner City: NEW YORK |
| | Owner State: |
| | Owner ZIP Code: 10010-6002 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? Yes |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: Chief Executive Officer |
| | Other Text: |
Aff 10b5 One: 0 |
Non-Derivative Table: |
| Non-Derivative Holding: |
| | Security Title: |
| | | Value: common shares (opening balance) |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 462,274 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: common shares |
| | Transaction Date: |
| | | Value: 3/7/24 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: A |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 164,062 |
| Footnote ID: F1 |
| | | Transaction Price Per Share: |
| Value: 0.00 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 626,336 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: common shares |
| | Transaction Date: |
| | | Value: 3/7/24 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: F |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 90,727 |
| Footnote ID: F2 |
| | | Transaction Price Per Share: |
| Value: 16.80 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 535,609 |
| Footnote ID: F3 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Derivative Table: |
Footnotes: |
| Footnote - F1: Represents the conversion of vested performance stock units into common shares granted by the Company on January 4, 2021. The shares earned are based on the level of achievement on the EBITDA performance conditions over the three-year performance period. |
| Footnote - 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 performance stock units. |
| Footnote - F3: This represents the number of common shares for this transaction only. Mr. Gelfond's aggregate remaining outstanding option, restricted share unit and common share balances following these transactions will be 2,286,320, 360,018 and 535,609, respectively. |
Remarks: |
Owner Signature: |
| Signature Name: /s/ Richard L. Gelfond |
| Signature Date: 3/11/24 |