Elizabeth Gitajn - 07 Mar 2024 Form 4 Insider Report for IMAX CORP (IMAX)

Role: SVP, Finance & Controller
Signature: /s/Kenneth Weissman (attorney-in-fact for Elizabeth Gitajn)
Issuer symbol: IMAX
Transactions as of: 07 Mar 2024
Net transactions value: -$16,934
Form type: 4
Filing time: 11 Mar 2024, 16:15:36 UTC
Previous filing: 09 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	IMAX	common shares	Options Exercise	$0	+1,787		$0.000000	1,787	07 Mar 2024	Direct	F1
transaction	IMAX	common shares	Tax liability	$16,934	-1,008	-56%	$16.80	779	07 Mar 2024	Direct	F2
holding	IMAX	common shares (opening balance)						0	07 Mar 2024	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	IMAX	restricted share units	Options Exercise	$0	-1,787	-33%	$0.000000	3,574	07 Mar 2024	common shares	1,787	$0.000000	Direct	F1, F3, F4, F5, F7
transaction	IMAX	restricted share units	Award	$0	+6,668		$0.000000	6,668	07 Mar 2024	common shares	6,668	$0.000000	Direct	F3, F4, F6, F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the conversion upon vesting of restricted share units into common shares.
F2	Ms. Gitajn is reporting the withholding of common shares by IMAX Corporation 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 three equal installments on each of first three anniversaries of the grant date.
F6	The restricted share units vest and will be converted to common shares in three installments: 2,222 on March 7, 2025 and 2,223 on each of March 7, 2026 and March 7, 2027.
F7	This represents the number of restricted share units for this transaction only. Ms. Gitajn aggregate remaining outstanding restricted share unit and common share balances following these transactions will be 10,242 and 779, respectively.