Natasha Fernandes Form 3 IMAX / Natasha Fernandes ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Fernandes Natasha

(Last) (First) (Middle)

2525 SPEAKMAN DRIVE

(Street)

MISSISSAUGA A6 L5K1B1

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
05/01/2022

3. Issuer Name and Ticker or Trading Symbol
IMAX CORP [ IMAX ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Chief Financial Officer

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
common shares (opening balance)	1,317(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
stock options (to buy) opening balance	(2)	03/07/2025	common shares	2,957	20.85	D
stock options (to buy) opening balance	(3)	03/07/2026	common shares	2,652	22.49	D
restricted share units opening balance(4)	(5)	(5)	common shares	751	0.00(6)	D
restricted share units opening balance(4)	(7)	(7)	common shares	1,264(7)	0.00(6)	D
restricted share units opening balance(4)	(8)	(8)	common shares	1,715	0.00(6)	D
restricted share units opening balance(4)	(9)	(9)	common shares	22,266	0.00(6)	D

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.

Remarks:

	Natasha Fernandes	05/10/2022
	** Signature of Reporting Person	Date
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 5 (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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