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IMMERSION CORP Director's Dealing 2021

Feb 20, 2021

33559_dirs_2021-02-19_5963c5e1-dc60-42a3-b1da-cd02514fc57e.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: 2021-02-18

Reporting Person: Singer Eric (Director)
Reporting Person: VIEX Opportunities Fund, LP Series One (See Explanation of Responses)
Reporting Person: VIEX GP, LLC (See Explanation of Responses)
Reporting Person: VIEX Special Opportunities Fund II, LP (See Explanation of Responses)
Reporting Person: VIEX Special Opportunities GP II, LLC (See Explanation of Responses)
Reporting Person: VIEX Capital Advisors, LLC (See Explanation of Responses)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-02-18 Common Stock, $0.001 par value S 145479 $13.0026 Disposed 751501 Indirect
2021-02-19 Common Stock, $0.001 par value S 152622 $12.5754 Disposed 598879 Indirect
2021-02-18 Common Stock, $0.001 par value S 96987 $13.0026 Disposed 389119 Indirect
2021-02-19 Common Stock, $0.001 par value S 101749 $12.5754 Disposed 287370 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock, $0.001 par value 22763 Direct

Footnotes

F1: Includes 18,543 Shares underlying unvested restricted stock granted to Eric Singer in connection with his service on Immersion Corporation's (the "Issuer") board of directors.

F2: This Form 4 is filed jointly by VIEX Opportunities Fund, LP - Series One ("Series One"), a series of VIEX Opportunities Fund, LP, VIEX Special Opportunities Fund II, LP ("VSO II"), VIEX GP, LLC ("VIEX GP"), VIEX Special Opportunities GP II, LLC ("VSO GP II"), VIEX Capital Advisors, LLC ("VIEX Capital"), and Eric Singer (collectively, the "Reporting Persons").

F3: Securities of the Issuer beneficially owned directly by VSO II. VSO GP II, as the general partner of VSO II, may be deemed the beneficial owner of the securities of the Issuer beneficially owned by VSO II. VIEX Capital, as the investment manager of VSO II, may be deemed the beneficial owner of the securities of the Issuer beneficially owned by VSO II. Mr. Singer, as the managing member of each of VSO GP II and VIEX Capital, may be deemed the beneficial owner of the securities of the Issuer beneficially owned by VSO II.

F4: Securities of the Issuer beneficially owned directly by Series One. VIEX GP, as the general partner of Series One, may be deemed the beneficial owner of the securities of the Issuer beneficially owned by Series One. VIEX Capital, as the investment manager of Series One, may be deemed the beneficial owner of the securities of the Issuer beneficially owned by Series One. Mr. Singer, as the managing member of each of VIEX GP and VIEX Capital, may be deemed the beneficial owner of the securities of the Issuer beneficially owned by Series One.

F5: The price reported is a weighted average price. These Shares were sold in multiple transactions at prices ranging from $12.6400 to $13.5000 per Share. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares sold at each separate price within the range set forth in this footnote 5.

F6: The price reported is a weighted average price. These Shares were sold in multiple transactions at prices ranging from $12.1100 to $13.0800 per Share. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares sold at each separate price within the range set forth in this footnote 5.

F7: Each Reporting Person disclaims beneficial ownership of the securities of the Issuer reported herein except to the extent of his or its pecuniary interest
therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.