IMMERSION CORP — Director's Dealing 2017

Mar 1, 2017

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: IMMERSION CORP (IMMR)
CIK: 0001058811
Period of Report: 2017-02-22

Reporting Person: Peters Anne Marie (GC,SVP,IP Licensing&LegalAffrs)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	53172	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Non-qualified stock option (right to buy)	$4.95	2019-01-15	Common Stock (4400)		Direct
Non-qualified stock option (right to buy)	$5.59	2020-04-01	Common Stock (42000)		Direct
Non-qualified stock option (right to buy)	$6.61	2021-03-14	Common Stock (16666)		Direct
Non-qualified stock option (right to buy)	$9.53	2020-03-08	Common Stock (40000)		Direct
Non-qualified stock option (right to buy)	$11.94	2021-02-24	Common Stock (20000)		Direct
Non-qualified stock option (right to buy)	$8.09	2022-03-03	Common Stock (40000)		Direct
Non-qualified stock option (right to buy)	$9	2023-03-01	Common Stock (40000)		Direct
Restricted Stock Units	$0		Common Stock (3333)		Direct
Restricted Stock Units	$0		Common Stock (4666)		Direct
Restricted Stock Units	$0		Common Stock (7500)		Direct

Footnotes

F1: The stock option grant is 100% vested and exercisable.

F2: 25% of the shares vested and became exercisable on March 8, 2014; then 2.0833% of the shares vested and became exercisable monthly thereafter until 100% vested.

F3: 25% of the shares vested and became exercisable on February 24, 2015; then 2.0833% of the shares vested and became exercisable monthly thereafter until 100% vested.

F4: 25% of the shares vested and became exercisable on March 3, 2016; then 2.0833% of the shares vested and became exercisable monthly thereafter until 100% vested.

F5: 25% of the shares will vest and become exercisable on March 1, 2017; then 2.0833% of the shares vested and became exercisable monthly thereafter until 100% vested.

F6: 100% of the restricted stock units ("RSUs") will vest on February 24, 2017. Each RSU represents a contingent right to receive one share of the Issuer's common stock.

F7: 1/2 of the RSUs will vest on March 3, 2017, then the remaining 1/2 of the RSUs will vest on March 3, 2018. Each RSU represents a contingent right to receive one share of the Issuer's common stock.

F8: 1/3 of the 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.