Sec Form 4 Filing - FOSTER GREG @ IMAX CORP - 2017-07-02

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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
FOSTER GREG
2. Issuer Name and Ticker or Trading Symbol
IMAX CORP [ IMAX]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
CEO IMAX Entertain & ESVP IMAX
(Last) (First) (Middle)
12582 WEST MILLENNIUM
3. Date of Earliest Transaction (MM/DD/YY)
07/02/2017
(Street)
PLAYA VISTA, CA90094
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 (opening balance) 67,018 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
restricted share units ( 1 ) ( 2 ) 07/02/2017 A 35,795 ( 3 ) 08/01/2020 common shares 35,795 ( 2 ) 35,795 ( 5 ) D
stock options (to buy) $ 22 07/02/2017 A 171,010 ( 4 ) 07/02/2024 common shares 171,010 $ 22 171,010 ( 5 ) D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
FOSTER GREG
12582 WEST MILLENNIUM
PLAYA VISTA, CA90094
CEO IMAX Entertain & ESVP IMAX
Signatures
Greg Foster 07/06/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Each restricted share unit represents a contingent right to receive one common share of IMAX Corporation.
( 2 )Each restricted share unit is the economic equivalent of one common share of IMAX Corporation.
( 3 )The restricted share units vest and will be converted to common shares in three installments: 11,932 on July 2, 2018; 11,931 on July 2, 2019 and 11,932 on July 2, 2020. These restricted share units were granted as per Mr. Foster's employment agreement with IMAX Corporation.
( 4 )The stock options will become exercisable in three installments: 57,003 on each of July 2, 2018 and July 2, 2019; and 57,004 on July 2, 2020. These stock options were granted as per Mr. Foster's employment agreement with IMAX Corporation.
( 5 )Mr. Foster's aggregate outstanding option, restricted share unit and common share balances following this grant will be 703,636; 108,905 and 67,018 respectively.

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