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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.