IMMERSION CORP — Director's Dealing 2021

Mar 18, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IMMERSION CORP (IMMR)
CIK: 0001058811
Period of Report: 2021-03-15

Reporting Person: Smith Jared (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-15	Common Stock	M	30000	$7.46	Acquired	62284	Direct
2021-03-15	Common Stock	S	33500	$10.8223	Disposed	28784	Direct
2021-03-17	Common Stock	S	2750	$10.13	Disposed	26034	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-15	Non-Qualified Stock Option (Right to Buy)	$7.46	M	30000	Disposed	2026-07-15	Common Stock (30000)	Direct

Footnotes

F1: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 14, 2020.

F2: This transaction was executed in multiple trades at prices ranging from $10.60 to $11.08. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F3: 25% of the shares vested and became exercisable on June 3, 2020. Thereafter, 2.0833% of the shares vest and become exercisable on each monthly anniversary of that date until 100% vested on June 3, 2023, subject to Reporting Person's continued service through each vesting date.