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IMMERSION CORP — Director's Dealing 2020
Nov 13, 2020
33559_dirs_2020-11-12_5fda98e3-ed6f-4341-bc87-8b4a34750f41.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: Smith Jared (N/A)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-11-10 | Performance-Based Restricted Stock Units | $ | A | 100000 | Acquired | 2025-11-10 | Common Stock (100000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 19265 | Direct |
Footnotes
F1: 2,000 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 100,000 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.