IMMERSION CORP — Director's Dealing 2017

Jun 7, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IMMERSION CORP (IMMR)
CIK: 0001058811
Period of Report: 2017-06-02

Reporting Person: VIEGAS VICTOR (Director, President and CEO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-06-02	Non-Qualified Stock Option (Right to Buy)	$8.65	A	120830	Acquired	2024-06-02	Common Stock (120830)	Direct
2017-06-02	Non-Qualified Stock Option (Right to Buy)	$8.65	A	120830	Acquired	2024-06-02	Common Stock (120830)	Direct

Footnotes

F1: 25% of the shares vested and became exercisable on March 7, 2018; then 2.0833% of the shares vested and became exercisable monthly thereafter until 100% vested, subject to continued service through each vesting date.

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 7, 2018 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 $11.25 for 30 consecutive trading days following March 7, 2017 and on or prior to March 7, 2019, subject to continued service through each vesting date.