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IMMERSION CORP — Director's Dealing 2018
Mar 9, 2018
33559_dirs_2018-03-09_e4999380-cf97-4f99-897f-a1520e6aadfe.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: 2018-03-07
Reporting Person: Erba Nancy (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-03-07 | Common Stock | M | 10000 | — | Acquired | 10000 | Direct |
| 2018-03-08 | Common Stock | S | 3737 | $11.87 | Disposed | 6263 | Direct |
| 2018-03-08 | Common Stock | S | 62 | $12.123 | Disposed | 6201 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-03-07 | Restricted Stock Units | $0 | M | 10000 | Disposed | Common Stock (10000) | Direct |
Footnotes
F1: Vesting of restricted stock units ("RSUs") granted to the Reporting Person on June 2, 2017.
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: 1/4 of the RSUs vested on March 7, 2018 ("Vest Date"), then an additional 1/4 of the RSUs will vest on each one year anniversary of the Vest Date thereafter, subject to continued service through each vesting date. Each RSU represents a contingent right to receive one share of the Issuer's common stock.