IMMERSION CORP — Director's Dealing 2021

Jan 13, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IMMERSION CORP (IMMR)
CIK: 0001058811
Period of Report: 2021-01-11

Reporting Person: Okada Michael Rudolf (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-11	Common Stock	M	3416	$7.46	Acquired	13085	Direct
2021-01-11	Common Stock	S	2670	$12.0579	Disposed	10415	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-01-11	Non-Qualified Stock Option (Right to Buy)	$7.46	M	3416	Disposed	2026-07-15	Common Stock (3416)	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 September 11, 2020.

F2: This transaction was executed in multiple trades at prices ranging from $11.90 to $12.43. 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 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.