IMMERSION CORP — Director's Dealing 2012

Mar 20, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IMMERSION CORP (IMMR)
CIK: 0001058811
Period of Report: 2012-03-16

Reporting Person: VIEGAS VICTOR (Director, CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-03-16	Common Stock	F	3796	$5.52	Disposed	15077	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$0		Common Stock (18578)	18578	Direct
Restricted Stock Units	$0		Common Stock (90000)	90000	Direct

Footnotes

F1: The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan, and is an exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of RSUs. The Reporting Person did not sell or otherwise dispose of any of the shares reported on this Form 4 for any reason other than to cover required taxes.

F2: Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.

F3: The RSU grant vested as to one-third (1/3) of the total number of units on each one year anniversary of the grant commencing on March 14, 2012.

F4: The RSU grant vested as to one-third (1/3) of the total number of units on each one year anniversary of the grant commencing on March 5, 2013.

F5: Represent restricted stock units that have not vested as of the date of the filing of this Form 4, which were previously reported as non-derivative securities on Forms 4 previously filed with the Securities and Exchange Commission.