IMMERSION CORP — Director's Dealing 2016

Mar 3, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IMMERSION CORP (IMMR)
CIK: 0001058811
Period of Report: 2016-03-01

Reporting Person: VIEGAS VICTOR (Director, CEO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-03-01	Non-Qualified Stock Option (right to buy)	$9.0	A	75000	Acquired	2023-03-01	Common Stock (75000)	Direct
2016-03-01	Non-Qualified Stock Option (right to buy)	$9.0	A	75000	Acquired	2023-03-01	Common Stock (75000)	Direct

Footnotes

F1: 25% of the shares vest and become exercisable on March 1, 2017; then 2.0833% of the shares vest and become exercisable monthly thereafter until 100% vested.

F2: The shares subject to the performance option shall vest according to a time vesting schedule with 25% of the shares subject to the option vesting on March 1, 2017 and 2.0833% of the shares subject to the option vesting monthly thereafter, but only if the closing price of a share of the Issuer's common stock as reported on the Nasdaq Global Market is equal to or exceeds $11.70 for 30 consecutive trading days following March 1, 2016 and on or prior to March 1, 2018.