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: Sundaram Mahesh (VP, Worldwide OEM Sales)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-03-01	Non-Qualified Stock Option (right to buy)	$9	A	35000	Acquired	2023-03-01	Common Stock (35000)	Direct
2016-03-01	Restricted Stock Units	$0	A	7500	Acquired		Common Stock (7500)	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: 1/3 of the restricted stock units ("RSUs") will vest on March 1, 2017 ("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.