<SEC-DOCUMENT>0001214659-24-004350.txt : 20240311
<SEC-HEADER>0001214659-24-004350.hdr.sgml : 20240311
<ACCEPTANCE-DATETIME>20240311164511
ACCESSION NUMBER:		0001214659-24-004350
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20240307
FILED AS OF DATE:		20240311
DATE AS OF CHANGE:		20240311

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			LISTER ROBERT D
		CENTRAL INDEX KEY:			0001255900
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-35066
		FILM NUMBER:		24738747

	MAIL ADDRESS:	
		STREET 1:		902 BROADWAY, 20TH FLOOR
		STREET 2:		C/O IMAX CORP
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			IMAX CORP
		CENTRAL INDEX KEY:			0000921582
		STANDARD INDUSTRIAL CLASSIFICATION:	PHOTOGRAPHIC EQUIPMENT & SUPPLIES [3861]
		ORGANIZATION NAME:           	08 Industrial Applications and Services
		IRS NUMBER:				980140269
		STATE OF INCORPORATION:			A6
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		2525 SPEAKMAN DRIVE
		CITY:			MISSISSAUGA
		STATE:			A6
		ZIP:			L5K 1B1
		BUSINESS PHONE:		9054036500

	MAIL ADDRESS:	
		STREET 1:		2525 SPEAKMAN DRIVE
		CITY:			MISSISSAUGA
		STATE:			A6
		ZIP:			L5K 1B1
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>marketforms-65042.xml
<DESCRIPTION>PRIMARY DOCUMENT
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        <issuerName>IMAX CORP</issuerName>
        <issuerTradingSymbol>IMAX</issuerTradingSymbol>
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            <rptOwnerName>LISTER ROBERT D</rptOwnerName>
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            <rptOwnerStreet2>20TH FLOOR</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10010-6002</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
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            <isDirector>false</isDirector>
            <isOfficer>true</isOfficer>
            <isTenPercentOwner>false</isTenPercentOwner>
            <isOther>false</isOther>
            <officerTitle>Chief Legal &amp; Sr Exec VP</officerTitle>
            <otherText></otherText>
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                <equitySwapInvolved>false</equitySwapInvolved>
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                <transactionShares>
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                    <footnoteId id="F3"/>
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                <transactionPricePerShare>
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                <sharesOwnedFollowingTransaction>
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                <footnoteId id="F5"/>
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            <transactionAmounts>
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                    <footnoteId id="F1"/>
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                    <footnoteId id="F1"/>
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                <transactionShares>
                    <value>42975</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0.00</value>
                    <footnoteId id="F6"/>
                </transactionPricePerShare>
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                <footnoteId id="F7"/>
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                <sharesOwnedFollowingTransaction>
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                    <footnoteId id="F10"/>
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    <footnotes>
        <footnote id="F1">Represents the conversion upon vesting of restricted share units into common shares.</footnote>
        <footnote id="F2">Mr. Lister is reporting the withholding of common shares by IMAX Corporation to satisfy the tax withholding obligations in connection with the delivery of common shares upon conversion of the restricted share unit transactions.</footnote>
        <footnote id="F3">Represents the conversion of vested performance stock units into common shares granted by the Company on March 7, 2021.  The shares earned are based on the level of achievement on the EBITDA performance conditions over the three year performance period.</footnote>
        <footnote id="F4">Mr. Lister is reporting the withholding of common shares by IMAX Corporation to satisfy the tax withholding obligations in connection with the delivery of common shares upon conversion of the performance share unit transactions.</footnote>
        <footnote id="F5">Each restricted share unit represents a contingent right to receive one common share of IMAX Corporation.</footnote>
        <footnote id="F6">Each restricted share unit is the economic equivalent of one common share of IMAX Corporation.</footnote>
        <footnote id="F7">The restricted share units vest and will be converted to common shares in three equal installments on each of the first three anniversaries of the grant date.</footnote>
        <footnote id="F8">The restricted share units vest and will be converted to common shares in three installments: 11,957 on each of March 7, 2023 and March 7, 2024 and 11,959 on March 7, 2025.</footnote>
        <footnote id="F9">The restricted share units vest and will be converted to common shares in three installments: 12,957 on each of March 7, 2024 and March 7, 2025 and 12,959 March 7, 2026.</footnote>
        <footnote id="F10">This represents the number of restricted share units for this transaction only. Mr. Lister's aggregate remaining outstanding option, restricted share unit and common share balances following these transactions will be 106,053, 80,850 and 163,889, respectively.  The number of outstanding options reflects the expiration of options to purchase 39,909 common shares on March 7, 2024. Mr. Lister did not receive any value in connection with such expiration; therefore, such expiration is exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended, under Rule 16b-6(d).</footnote>
    </footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>/s/ Kenneth I. Weissman (attorney-in-fact for Robert D. Lister)</signatureName>
        <signatureDate>2024-03-11</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</SEC-DOCUMENT>
