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IMMERSION CORP — Director's Dealing 2018
Feb 28, 2018
33559_dirs_2018-02-28_554bcf3c-039b-4da1-807f-974ae9239f45.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: 2018-02-26
Reporting Person: Peters Anne Marie (GC&VP,IP Licensing&LegalAffrs)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-02-26 | Non-qualified stock option (right to buy) | $11.84 | A | 25000 | Acquired | 2025-02-26 | Common Stock (25000) | Direct |
| 2018-02-26 | Restricted Stock Units | $0 | A | 63822 | Acquired | Common Stock (63822) | Direct | |
| 2018-02-26 | Restricted Stock Units | $0 | A | 25000 | Acquired | Common Stock (25000) | Direct |
Footnotes
F1: 25% of the shares will vest and become exercisable on February 26, 2019; then 2.0833% of the shares will vest and become exercisable monthly thereafter until 100% vested, subject to continued service through each vesting date.
F2: 100% of the restricted stock units ("RSUs") will vest on February 26, 2019, subject to continued service through such vesting date. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
F3: 1/3 of the RSUs will vest on February 26, 2019 ("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.