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IMMERSION CORP Director's Dealing 2014

Feb 18, 2014

33559_dirs_2014-02-18_ca38cce1-852f-467e-aff1-703ae93aa8ee.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: 2014-02-14

Reporting Person: Patton Jason (VP/GM,Content & Media Business)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2014-02-14 Non-Qualified Stock Option (right to buy) $11.24 A 125000 Acquired 2021-02-14 Common Stock (125000) Direct
2014-02-14 Restricted Stock Units $0 A 10000 Acquired Common Stock (10000) Direct

Footnotes

F1: 25% of the shares will vest and become exercisable on January 6, 2015; 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 January 6, 2015 ("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.