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IMMERSION CORP — Director's Dealing 2013
Mar 12, 2013
33559_dirs_2013-03-12_af47d56d-a7fa-4a70-9b87-73fba0fcb445.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: IMMERSION CORP (IMMR)
CIK: 0001058811
Period of Report: 2013-03-08
Reporting Person: Norris Paul F (Chief Financial Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-03-08 | Non-Qualified Stock Option (right to buy) | $9.53 | A | 40000 | Acquired | 2020-03-08 | Common Stock (40000) | Direct |
| 2013-03-08 | Restricted Stock Units | $0 | A | 10000 | Acquired | Common Stock (10000) | Direct |
Footnotes
F1: 25% of the shares subject to the option will vest and become exercisable on March 8, 2014, then 2.0833% of the shares will vest and become exercisable monthly thereafter until 100% vested.
F2: 1/3 of the restricted stock units ("RSUs") will vest on March 8, 2014 ("Vest Date"), then an additional 1/3 of the RSUs will vest on each one year anniversary of the Vest Date thereafter. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
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