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IMMERSION CORP — Director's Dealing 2016
Nov 29, 2016
33559_dirs_2016-11-28_e50983bb-051e-4dcb-b3f3-fde0227e9afc.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: 2016-11-23
Reporting Person: SALTICH JACK L (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-11-23 | Common Stock | M | 10000 | $9.04 | Acquired | 114598 | Direct |
| 2016-11-23 | Common Stock | M | 10000 | $8.61 | Acquired | 124598 | Direct |
| 2016-11-23 | Common Stock | F | 16359 | $10.79 | Disposed | 108239 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-11-23 | Non-qualified stock option (right to buy) | $9.04 | M | 10000 | Disposed | 2017-03-05 | Common Stock (10000) | Direct |
| 2016-11-23 | Non-qualified stock option (right to buy) | $8.61 | M | 10000 | Disposed | 2018-03-03 | Common Stock (10000) | Direct |
Footnotes
F1: Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed in this Form 4 are equal in value to the exercise price of the stock option, and were relinquished by the Reporting Person and cancelled by the Issuer as payment of such exercise price. The Reporting Person did not sell or otherwise dispose of any of the shares reported on this Form 4 for any other reason.
F2: The option is fully vested and immediately exercisable.