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IMMERSION CORP — Director's Dealing 2018
Jul 3, 2018
33559_dirs_2018-07-02_efa6ea70-3734-4172-ac3f-442e6f7b0ddd.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: IMMERSION CORP (IMMR)
CIK: 0001058811
Period of Report: 2018-06-28
Reporting Person: SCHLACHTE CARL (Director, Interim CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-06-28 | Common Stock | M | 40000 | $9.20 | Acquired | 57307 | Direct |
| 2018-06-28 | Common Stock | F | 29421 | $15.49 | Disposed | 27886 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-06-28 | Non-qualified Stock Option (right to buy) | $9.20 | M | 40000 | Disposed | 2018-07-15 | Common Stock (40000) | Direct |
Footnotes
F1: 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 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, and as payment of the exercise price of the stock option. The shares that were relinquished by the Reporting Person as payment of such exercise price were equal in value to the exercise price of the stock option. The Reporting Person did not sell or otherwise dispose of any of the shares reported on this Form 4 for any other reason.
F2: The stock option grant is 100% vested and exercisable.