IMMERSION CORP — Director's Dealing 2014

Feb 27, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IMMERSION CORP (IMMR)
CIK: 0001058811
Period of Report: 2014-02-24

Reporting Person: VIEGAS VICTOR (Director, CEO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-02-24	Non-Qualified Stock Option (right to buy)	$11.94	A	50000	Acquired	2021-02-24	Common Stock (50000)	Direct
2014-02-24	Non-Qualified Stock Option (right to buy)	$11.94	A	50000	Acquired	2021-02-24	Common Stock (50000)	Direct

Footnotes

F1: 25% of the shares subject to the option will vest and become exercisable on February 24, 2015; then 2.0833% of the shares subject to the option will vest and become exercisable monthly thereafter until 100% vested.

F2: The shares subject to the performance option shall vest according to a time vesting schedule with 25% of the shares subject to the option vesting on February 24, 2015 and 2.0833% of the shares subject to the option vesting monthly thereafter, but only if the closing price of a share of the Issuer's common stock as reported on the Nasdaq Global Market is equal to or exceeds $15.00 for 30 consecutive trading days following February 24, 2014 and on or prior to February 24, 2016.