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IMMERSION CORP — Director's Dealing 2019
Feb 28, 2019
33559_dirs_2019-02-28_369c9633-f81c-4098-a06f-13f293663779.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: 2019-02-26
Reporting Person: Peters Anne Marie (GC&VP,IP Licensing&LegalAffrs)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-02-26 | Common Stock | M | 63822 | — | Acquired | 122932 | Direct |
| 2019-02-26 | Common Stock | M | 8334 | — | Acquired | 131266 | Direct |
| 2019-02-27 | Common Stock | S | 25997 | $8.1946 | Disposed | 105269 | Direct |
| 2019-02-27 | Common Stock | S | 3591 | $8.1809 | Disposed | 101678 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-02-26 | Restricted Stock Units | $0 | M | 63822 | Disposed | Common Stock (63822) | Direct | |
| 2019-02-26 | Restricted Stock Units | $0 | M | 8334 | Disposed | Common Stock (8334) | Direct |
Footnotes
F1: Vesting of restricted stock units ("RSUs") granted to the Reporting Person on February 26, 2018.
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: 100% of the RSUs vested on February 26, 2019. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
F4: 1/3 of the RSUs vested 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.