IMMERSION CORP — Director's Dealing 2021

Feb 16, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IMMERSION CORP (IMMR)
CIK: 0001058811
Period of Report: 2021-02-11

Reporting Person: Okada Michael Rudolf (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-11	Common Stock	M	3417	$7.46	Acquired	15272	Direct
2021-02-11	Common Stock	S	2400	$15.3084	Disposed	12872	Direct
2021-02-16	Common Stock	S	763	$15.16	Disposed	12109	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-11	Non-Qualified Stock Option (Right to Buy)	$7.46	M	3417	Disposed	2026-07-15	Common Stock (3417)	Direct

Footnotes

F1: 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.

F2: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 11, 2020.

F3: This transaction was executed in multiple trades at prices ranging from $15.18 to $15.46. 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.

F4: 25% of the shares subject to the option vested and became exercisable on June 10, 2020. Thereafter, 2.0833% of the shares subject to the option vest and become exercisable on each monthly anniversary of that date until 100% vested on June 10, 2023, subject to Reporting Person's continued service through each vesting date.