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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.