Sec Form 3 Filing - Fernandes Natasha @ IMAX CORP - 2022-05-01

FORM 3 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 Fernandes Natasha 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) Chief Financial Officer (Last) (First) (Middle) 2525 SPEAKMAN DRIVE 3. Date of Earliest Transaction (MM/DD/YY) 05/01/2022 (Street) MISSISSAUGA, A6L5K1B1 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) 1,317( 1 ) 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) opening balance $ 20.85 ( 2 ) 03/07/2025 common shares 2,957 D stock options (to buy) opening balance $ 22.49 ( 3 ) 03/07/2026 common shares 2,652 D restricted share units opening balance( 4 ) $ 0( 6 ) ( 5 ) ( 5 ) common shares 751 D restricted share units opening balance( 4 ) $ 0( 6 ) ( 7 ) ( 7 ) common shares 1,264( 7 ) D restricted share units opening balance( 4 ) $ 0( 6 ) ( 8 ) ( 8 ) common shares 1,715 D restricted share units opening balance( 4 ) $ 0( 6 ) ( 9 ) ( 9 ) common shares 22,266 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Fernandes Natasha 2525 SPEAKMAN DRIVE MISSISSAUGA, A6L5K1B1 Chief Financial Officer Signatures Natasha Fernandes 05/10/2022 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Ms. Fernandes became an Insider of IMAX Corporation on May 1, 2022. ( 2 )The stock options become exercisable in four installments: 591 on March 7, 2019; 739 on each of March 7, 2020 and March 7, 2021 and 888 on March 7, 2022. ( 3 )The stock options become exercisable in four installments: 530 on March 7, 2020; 663 on each of March 7, 2021 and March 7, 2022 and 796 on March 7, 2023. ( 4 )Each restricted share unit represented a contigent right to receive one common share of IMAX Corporation. ( 5 )751 restricted share units vest and will be converted to common shares on December 1, 2022. ( 6 )Each restricted share unit is the economic equivalent of one common share of IMAX Corporation ( 7 )1,264 restricted share units vest and will be converted to common shares on March 7, 2023. ( 8 )844 of the restricted share units will vest and be converted to common shares on March 7, 2023 and 871 on March 7, 2024. ( 9 )The restricted share units will vest and be converted to common shares in three equal installments on each of March 7, 2023; March 7, 2024 and March 7, 2025.

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

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