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IMMERSION CORP — Director's Dealing 2018
Mar 6, 2018
33559_dirs_2018-03-05_da66f6a5-c219-4938-a072-52b6cf028161.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: 2018-03-01
Reporting Person: Peters Anne Marie (GC&VP,IP Licensing&LegalAffrs)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-03-01 | Common Stock | M | 2500 | — | Acquired | 54362 | Direct |
| 2018-03-02 | Common Stock | S | 2 | $11.45 | Disposed | 54360 | Direct |
| 2018-03-02 | Common Stock | S | 850 | $11.51 | Disposed | 53510 | Direct |
| 2018-03-03 | Common Stock | M | 2333 | — | Acquired | 55843 | Direct |
| 2018-03-05 | Common Stock | S | 798 | $11.6 | Disposed | 55045 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-03-01 | Restricted Stock Units | $0 | M | 2500 | Disposed | Common Stock (2500) | Direct | |
| 2018-03-03 | Restricted Stock Units | $0 | M | 2333 | Disposed | Common Stock (2333) | 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: Vesting of RSUs granted to the Reporting Person on March 3, 2015.
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.
F5: 1/2 of the RSUs vested on March 3, 2017, and the remaining 1/2 of the RSUs vested on March 3, 2018. Each RSU represents a contingent right to receive one share of the Issuer's common stock.