IMMERSION CORP — Director's Dealing 2014

Mar 8, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IMMERSION CORP (IMMR)
CIK: 0001058811
Period of Report: 2014-03-05

Reporting Person: VIEGAS VICTOR (Director, CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-03-05	Common Stock	M	30000	—	Acquired	68292	Direct
2014-03-06	Common Stock	F	16367	$10.8387	Disposed	51925	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-03-05	Restricted Stock Units	$0	M	30000	Disposed		Common Stock (30000)	Direct

Footnotes

F1: Vesting of restricted stock units ("RSUs") granted to the Reporting Person on March 5, 2012.

F2: 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.

F3: Represents the aggregate of sales effected on the same day at different prices.

F4: Represents the weighted average sales price per share. The shares sold at prices ranging from $10.83 to $11.10 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: Each RSU represents a contingent right to receive one share of the issuer's common stock.

F6: 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.