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IMMERSION CORP — Director's Dealing 2020
Apr 23, 2020
33559_dirs_2020-04-23_89bd8c71-0b3e-4741-a7cd-9c83450d94f4.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: 2020-04-21
Reporting Person: Haidamus Ramzi (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-04-21 | Common Stock | M | 17610 | — | Acquired | 65214 | Direct |
| 2020-04-21 | Common Stock | S | 7611 | $6.03 | Disposed | 57603 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-04-21 | Restricted Stock Units | $ | M | 17610 | Acquired | Common Stock (17610.0) | Direct |
Footnotes
F1: Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's common stock.
F2: Represents the number of shares automatically sold, on a non-discretionary basis, to cover tax withholding obligation in connection with the vesting of restricted stock units.
F3: On February 14, 2019, Reporting Person was granted 281,762 restricted stock units ("RSUs"), 1/4 of the RSUs vesting on January 21, 2020 ("Vest Date"), and an additional 1/16 of the RSUs vesting on each quarterly anniversary of the Vest Date thereafter, subject to Reporting Person's continued service through each such vesting date.