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IMMERSION CORP — Director's Dealing 2012
Oct 3, 2012
33559_dirs_2012-10-02_a1e893e8-34fb-4e5d-a1a3-9a7b70d3108d.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: IMMERSION CORP (IMMR)
CIK: 0001058811
Period of Report: 2012-10-01
Reporting Person: Sheehan Dennis Gerard (SVP, Sales & Mktg)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 12801 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Non-qualified stock option (right to buy) | $4.63 | 2019-02-13 | Common Stock (30000) | Direct | |
| Non-qualified stock option (right to buy) | $5.06 | 2020-09-15 | Common Stock (25000) | Direct | |
| Non-qualified stock option (right to buy) | $6.61 | 2021-03-14 | Common Stock (25000) | Direct | |
| Restricted Stock Units | $0 | Common Stock (4166) | Direct | ||
| Restricted Stock Units | $0 | Common Stock (4166) | Direct | ||
| Restricted Stock Units | $0 | Common Stock (8333) | Direct | ||
| Restricted Stock Units | $0 | Common Stock (47000) | Direct |
Footnotes
F1: 25% of the shares vested and became exercisable on January 5, 2010; then 2.0833% of the shares vested and became exercisable monthly thereafter until 100% vested.
F2: 25% of the shares vested and became exercisable on August 20, 2011; then 2.0833% of the shares vested and became exercisable monthly thereafter until 100% vested.
F3: 25% of the shares vested and became exercisable on March 14, 2012; then 2.0833% of the shares vested and became exercisable monthly thereafter until 100% vested.
F4: 1/3 of the restricted stock units ("RSUs") vested on April 1, 2011 (the "Vest Date"), then an additional 1/3 of the RSUs vest thereafter on each one year anniversary of the Vest Date. Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.
F5: 1/3 of the restricted stock units ("RSUs") vested on March 14, 2012 (the "Vest Date"), then an additional 1/3 of the RSUs vest thereafter on each one year anniversary of the Vest Date. Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.
F6: 1/3 of the restricted stock units ("RSUs") will vest on March 5, 2013 (the "Vest Date"), then an additional 1/3 of the RSUs vest thereafter on each one year anniversary of the Vest Date. Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.