IMMERSION CORP — Director's Dealing 2017

Oct 31, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IMMERSION CORP (IMMR)
CIK: 0001058811
Period of Report: 2017-10-27

Reporting Person: Sundaram Mahesh (VP, Worldwide OEM Sales)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-10-27	Common Stock	M	16666	—	Acquired	16666	Direct
2017-10-31	Common Stock	F	6243	$8.14	Disposed	10423	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-10-27	Restricted Stock Units	$0	M	16666	Disposed		Common Stock (16666)	Direct

Footnotes

F1: Vesting of restricted stock units ("RSUs") granted to the Reporting Person on November 14, 2014.

F2: 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 of in this Form 4 were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of RSUs. The Reporting Person did not sell or otherwise dispose of any of the shares reported on this Form 4 for any reason other than to cover required taxes.

F3: Each RSU represents a contingent right to receive one share of the issuer's common stock.

F4: 1/3 of the RSUs vested on October 27, 2015 ("Vest Date"), and an additional 1/3 of the RSUs vested on each one year anniversary of the Vest Date thereafter.