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IMMERSION CORP — Director's Dealing 2019
Jul 17, 2019
33559_dirs_2019-07-17_fdab1960-92db-40e6-b4e3-21ae0bed79ab.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: 2019-07-15
Reporting Person: Okada Michael Rudolf (See Remarks)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-07-15 | Non-Qualified Stock Option (Right to Buy) | $7.46 | A | 164000 | Acquired | 2026-07-15 | Common Stock (164000) | Direct |
| 2019-07-15 | Restricted Stock Units | $0 | A | 77800 | Acquired | Common Stock (77800) | Direct |
Footnotes
F1: 25% of the shares will vest and become exercisable on June 10, 2020. Thereafter, 2.0833% of the shares will vest and become exercisable on each monthly anniversary of that date until 100% vested on June 10, 2023, subject to Reporting Person's continued service through each vesting date.
F2: 1/3 of the RSUs will vest on June 10, 2020 and on each following anniversary until fully vested on June 10, 2022. Each RSU represents a contingent right to receive one share of Issuer's common stock.
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