IMMERSION CORP — Director's Dealing 2017

Mar 3, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IMMERSION CORP (IMMR)
CIK: 0001058811
Period of Report: 2017-03-01

Reporting Person: Sundaram Mahesh (VP,Wrldwide Sales&Cust Support)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-03-01	Common Stock	M	2500	—	Disposed	2500	Direct
2017-03-02	Common Stock	S	14	$10.9858	Disposed	2486	Direct
2017-03-02	Common Stock	S	1105	$10.96	Disposed	1381	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-03-01	Restricted Stock Units	$0	M	2500	Disposed		Common Stock (2500)	Direct

Footnotes

F1: Vesting of restricted stock units ("RSUs") granted to the Reporting Person on March 1, 2016.

F2: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan to cover required taxes resulting from the vesting of the RSUs.

F3: 1/3 of the RSUs vested 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.