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IMMERSION CORP — Director's Dealing 2019
Feb 16, 2019
33559_dirs_2019-02-15_457bb97a-8e83-477b-baeb-0baa8bb53e29.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: 2019-02-14
Reporting Person: Haidamus Ramzi (Director, President and CEO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-02-14 | Restricted Stock Units | $0 | A | 281762 | Acquired | Common Stock (281762) | Direct | |
| 2019-02-14 | Non-qualified stock option (right to buy) | $9.82 | A | 268992 | Acquired | 2026-02-14 | Common Stock (268992) | Direct |
Footnotes
F1: 1/4 of the restricted stock units ("RSUs") will vest on January 21, 2020 ("Vest Date"), then an additional 1/16 of the RSUs will vest on each quarterly anniversary of the Vest Date thereafter, subject to continued service through each vesting date. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
F2: 1/4 of the shares will vest and become exercisable on January 21, 2020; then 1/48 of the shares will vest and become exercisable monthly thereafter until 100% vested, subject to continued service through each vesting date.