Sec Form 4 Filing - LEEBRON DAVID W @ IMAX CORP - 2016-05-25

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person LEEBRON DAVID W 2. Issuer Name and Ticker or Trading Symbol IMAX CORP [ IMAX] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) RICE UNIVERSITY, OFFICE OF THE PRESIDENT, 6100 MAIN STREET MS-1 3. Date of Earliest Transaction (MM/DD/YY) 05/25/2016 (Street) HOUSTON, TX77005 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price common shares 1,300 I by spouse common shares 64,898 D common shares 05/25/2016 C 12,615 ( 1 ) A $ 7.45 77,513 D common shares 05/25/2016 S 12,615 D $ 32.49 64,898 D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares stock options (to buy) $ 7.45 05/25/2016 C 8,000 ( 1 ) 06/04/2009 06/04/2016 common shares 8,000 $ 7.45 0 ( 3 ) D stock options (to buy) $ 7.45 05/25/2016 C 4,615 ( 1 ) ( 2 ) 06/04/2016 common shares 4,615 $ 7.45 0 ( 3 ) D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other LEEBRON DAVID W RICE UNIVERSITY, OFFICE OF THE PRESIDENT 6100 MAIN STREET MS-1 HOUSTON, TX77005 X Signatures David W. Leebron 05/27/2016 Signature of Reporting Person Date

Explanation of Responses:

( 1 )12,615 stock options scheduled to expire on June 4, 2016 were exercised and converted to common shares. ( 2 )The stock options became exercisable in 4 installments: 1,153 on September 4, 2009 and 1,154 options on each of December 4, 2009; March 4, 2010 and June 4, 2010. ( 3 )This represents the remaining balance of the options granted on the issue date, June 4, 2009, following this transaction. Mr. Leebron's aggregate remaining outstanding option and common share balances following this transaction will be 36,969 and 64,898 respectively.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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