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IMMERSION CORP Director's Dealing 2020

Nov 13, 2020

33559_dirs_2020-11-12_ca181466-612b-4bac-a038-46fb9660c9c7.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: 2020-11-10

Reporting Person: Akerman Aaron (N/A)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-11-10 Performance-Based Restricted Stock Units $ A 30000 Acquired 2025-11-10 Common Stock (30000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 4863 Direct

Footnotes

F1: 1,863 shares were purchased on July 31st, 2020 at a price of $5.7375 per share under the Issuer's Employee Stock Purchase Plan.

F2: Grant of 30,000 Performance-Based Restricted Stock Units, each of which represents a contingent right to receive one share of the Issuer's common stock, with vesting subject to: (a) the achievement of specified levels of the volume weighted average closing prices of the Issuer's common stock during any one hundred (100) day-period between November 10, 2020 and November 10, 2025; and (b) continued employment with the Issuer through the later of each achievement date or service vesting date, which occurs over a four (4) year-period commencing on November 10, 2020.