IMMERSION CORP — Director's Dealing 2014

Mar 7, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IMMERSION CORP (IMMR)
CIK: 0001058811
Period of Report: 2014-03-04

Reporting Person: FICHTHORN JOHN (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-03-04	Common Stock	S	94452	$11.6978	Disposed	280888	Indirect
2014-03-05	Common Stock	S	44103	$11.298	Disposed	236785	Indirect
2014-03-04	Common Stock	S	7037	$11.6978	Disposed	465363	Indirect
2014-03-05	Common Stock	S	3283	$11.3081	Disposed	462080	Indirect
2014-03-04	Common Stock	S	11064	$11.6978	Disposed	192293	Indirect
2014-03-05	Common Stock	S	5162	$11.2979	Disposed	187131	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	24750	Direct

Footnotes

F1: Represents the aggregate of sales effected on the same day at different prices.

F2: Represents the weighted average sales price per share. The shares sold at prices ranging from $11.4504 to $11.8715 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.

F3: Dialectic Capital Management, LLC ("Investment Manager") is the investment manager of Dialectic Antithesis Offshore, Ltd. and Dialectic Antithesis Partners, LP (together, the "Dialectic entities") and, as such, shares voting and dispositive power over the securities held by the Dialectic entities. The Investment Manager does not directly hold any securities of the Issuer. The Reporting Person is a managing member of the Investment Manager and shares such voting and dispositive power, but disclaims beneficial ownership of any of Issuer's securities in which he does not have a pecuniary interest or that he does not directly own.

F4: Represents the weighted average sales price per share. The shares sold at prices ranging from $11.2154 to $11.4138 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.