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IMMERSION CORP — Director's Dealing 2014
Jul 12, 2014
33559_dirs_2014-07-11_51e069f0-bd75-4222-848b-2e3b7aa6a95b.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: 2014-07-10
Reporting Person: Sheehan Dennis Gerard (SVP, Sales & Mktg)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-07-10 | Common Stock | M | 15500 | $4.63 | Acquired | 67643 | Direct |
| 2014-07-10 | Common Stock | S | 15500 | $14.0041 | Disposed | 52143 | Direct |
| 2014-07-11 | Common Stock | M | 14500 | $4.63 | Acquired | 66643 | Direct |
| 2014-07-11 | Common Stock | M | 20000 | $5.06 | Acquired | 86643 | Direct |
| 2014-07-11 | Common Stock | S | 34500 | $14.0387 | Disposed | 52143 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-07-10 | Non-qualified stock option (right to buy) | $4.63 | M | 15500 | Disposed | 2019-02-13 | Common Stock (15500) | Direct |
| 2014-07-11 | Non-qualified stock option (right to buy) | $4.63 | M | 14500 | Disposed | 2019-02-13 | Common Stock (14500) | Direct |
| 2014-07-11 | Non-qualified stock option (right to buy) | $5.06 | M | 20000 | Disposed | 2020-09-15 | Common Stock (20000) | Direct |
Footnotes
F1: The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
F2: Represents the aggregate of sales effected on the same day at different prices.
F3: Represents the weighted average sales price per share. The shares sold at prices ranging from $14.00 to $14.04 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
F4: Represents the weighted average sales price per share. The shares sold at prices ranging from $14.00 to $14.19 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
F5: 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.
F6: 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.