IMMERSION CORP — Director's Dealing 2021

Nov 16, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IMMERSION CORP (IMMR)
CIK: 0001058811
Period of Report: 2021-11-11

Reporting Person: Akerman Aaron (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-11-11	Common Stock	M	7500	$0.0	Acquired	14969	Direct
2021-11-12	Common Stock	S	4014	$6.76	Disposed	10955	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-11-11	Performance-Based Restricted Stock Units	$0	M	7500	Disposed	2025-11-10	Common Stock (7500)	Direct

Footnotes

F1: 1,747 shares were purchased on July 31st, 2021 at a price of $6.426 per share under the Issuer's Employee Stock Purchase Plan.

F2: Represents the number of shares automatically sold, on a non-discretionary basis, to cover tax withholding obligation in connection with the vesting of the RSUs.

F3: 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.