IMMERSION CORP — Director's Dealing 2020

Jan 16, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IMMERSION CORP (IMMR)
CIK: 0001058811
Period of Report: 2020-01-13

Reporting Person: Akerman Aaron (See Remarks)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-01-13	Non-Qualified Stock Option (Right to Buy)	$7.67	A	140000	Acquired	2027-01-13	Common Stock (140000)	Direct
2020-01-13	Restricted Stock Units	$	A	70000	Acquired		Common Stock (70000)	Direct

Footnotes

F1: 25% of the shares subject to the option shall vest on January 13, 2021, and an additional 1/48th of the shares subject to the option shall vest on the same day of each month thereafter until 100% of the shares subject to the option shall be vested on January 13, 2024, subject to Reporting Person's continued employment with the Issuer through each such date.

F2: Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's common stock.

F3: 1/3rd of the restricted stock units shall vest on the one-year anniversary of January 13, 2020, and an additional 1/3rd of the restricted stock units subject to the grant shall vest annually on the same day of the year thereafter, subject to Reporting Person's continued employment with the Issuer through each such date.