Screen Record-Top and Bottom Cut Off in iMovie (Storyline 2)

Hoping someone can shed some light on my issue. I created a screen record video in SL2. I'd like to edit it in iMovie. 

However, I noticed that the top and bottom of the video are cut off. 

Any ideas how I can get around this? I've attached screen shots of the video, and the cut off version in iMovie.

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