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IMMERSION CORP — Director's Dealing 2015
Mar 6, 2015
33559_dirs_2015-03-05_f9c611e2-40b2-4256-ba83-b69dce4f5544.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: 2015-03-03
Reporting Person: Patton Jason (VP/GM,Content & Media Business)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-03-03 | Non-Qualified Stock Option (right to buy) | $8.09 | A | 10000 | Acquired | 2022-03-03 | Common Stock (10000) | Direct |
| 2015-03-03 | Restricted Stock Units | $0 | A | 5000 | Acquired | Common Stock (5000) | Direct |
Footnotes
F1: 25% of the shares will vest and become exercisable on March 3, 2016; 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 March 3, 2016 ("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.
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