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IMMERSION CORP — Director's Dealing 2021
Mar 12, 2021
33559_dirs_2021-03-11_37c63aad-7bc2-4f9a-b69f-62446dc7d06e.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: 2021-03-09
Reporting Person: Smith Jared (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-03-09 | Common Stock | M | 17676 | — | Acquired | 38941 | Direct |
| 2021-03-10 | Common Stock | F | 6657 | $10.37 | Disposed | 32284 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-03-09 | Restricted Stock Units | $ | M | 17676 | Disposed | Common Stock (17676) | Direct |
Footnotes
F1: Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
F2: 2,000 shares were purchased on January 31st, 2021 at a price of $5.7375 per share under the Issuer's Employee Stock Purchase Plan.
F3: 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.
F4: On March 9, 2020, the Reporting Person was granted 55,062 RSUs, 1/3 of which vested on March 9, 2021, and an additional 1/3 of the RSUs will vest annually thereafter, subject to Reporting Person's continued service through each such date.