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IMMERSION CORP — Director's Dealing 2015
Jan 8, 2015
33559_dirs_2015-01-08_0cd4247d-da19-4bb5-b02f-869efc9fe80e.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: 2015-01-06
Reporting Person: Patton Jason (VP/GM,Content & Media Business)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-01-06 | Common Stock | M | 3334 | — | Acquired | 3334 | Direct |
| 2015-01-07 | Common Stock | S | 1479 | $8.69 | Disposed | 1855 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-01-06 | Restricted Stock Units | $0 | M | 3334 | Disposed | Common Stock (3334) | Direct |
Footnotes
F1: Vesting of restricted stock units ("RSUs") granted to the Reporting Person on February 14, 2014.
F2: The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan to cover required taxes resulting from the vesting of the RSUs.
F3: 1/3 of the 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.
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