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

1. Name and Address of Reporting Person *

VANCE JEFFREY
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)
Sr VP, Finance & Controller
(Last)          (First)          (Middle)

2525 SPEAKMAN DRIVE, C/O IMAX CORPORATION
3. Date of Earliest Transaction (MM/DD/YYYY)

3/7/2018
(Street)

MISSISSAUGA, A6 L5K 1B1
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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 Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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)                  4710   D    
common shares   3/7/2018     M    652   (1) A $0.00   5362   D    
common shares   3/7/2018     M    706   (1) A $0.00   6068   D    
common shares   3/7/2018     M    578   (1) A $0.00   6646   D    
common shares   3/8/2018     S    1039   (2) D $20.3985   5607   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 7. Title and Amount of Securities Underlying Derivative Security
(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   (3)   (4) 3/7/2018     M         706   (1)   3/7/2017   12/1/2019   common shares   706     (4) 1554   (5) D    
restricted share units   (3)   (4) 3/7/2018     M         578   (1)   3/7/2017   1/1/2021   common shares   578     (4) 2311   (5) D    
restricted share units   (3)   (4) 3/7/2018     M         652   (1)   3/7/2017   12/1/2018   common shares   652     (4) 783   (5) D    
restricted share units   (3)   (4) 3/7/2018     A      5395         (6) 12/31/2021   common shares   5395     (4) 5395   (5) D    
stock options (to buy)   $20.85   3/7/2018     A      5914         (7) 3/7/2025   common shares   5914   $20.85   5914   (5) D    

Explanation of Responses:
(1)  Represents the conversion upon vesting of restricted share units into common shares.
(2)  Mr. Vance is reporting the sale of common shares to satisfy his tax withholding obligations in connection with the delivery of common shares upon conversion of the restricted share unit
(3)  Each restricted share unit represents a contingent right to receive one common share of IMAX Corporation.
(4)  Each restricted share unit is the economic equivalent of one common share of IMAX Corporation.
(5)  This represents the number of restricted share units or stock options for this transaction only. Mr. Vance's aggregate remaining outstanding option, restricted share unit and common share balances following these transaction will be 58,910; 10,927 and 5,607 respectively.
(6)  The restricted share units vest and will be converted to common shares in four installments 1,079 on March 7, 2019; 1,349 on each of March 7, 2020 and March 7, 2021 and 1,618 on December 1, 2021.
(7)  The stock options become exercisable in four installments: 1,183 on March 7, 2019, 1,479 on each of March 7, 2020 and March 7, 2021 and 1,773 on March 7, 2022.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
VANCE JEFFREY
2525 SPEAKMAN DRIVE
C/O IMAX CORPORATION
MISSISSAUGA, A6 L5K 1B1


Sr VP, Finance & Controller

Signatures
Jeffrey Vance 3/8/2018
** 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 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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