AI assistant
IMMERSION CORP — Director's Dealing 2017
Mar 3, 2017
33559_dirs_2017-03-03_74f0c7fe-335a-421c-adad-b577381c3ccc.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: IMMERSION CORP (IMMR)
CIK: 0001058811
Period of Report: 2017-03-01
Reporting Person: Peters Anne Marie (GC,SVP,IP Licensing&LegalAffrs)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-03-01 | Common Stock | M | 2500 | — | Acquired | 57521 | Direct |
| 2017-03-02 | Common Stock | S | 13 | $11.035 | Disposed | 57508 | Direct |
| 2017-03-02 | Common Stock | S | 1063 | $10.96 | Disposed | 56445 | 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: Each RSU represents a contingent right to receive one share of the issuer's common stock.
F4: 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.