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IMMERSION CORP — Director's Dealing 2022
May 26, 2022
33559_dirs_2022-05-25_9aff0839-f969-4777-8666-79f32e2e4145.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: 2022-05-23
Reporting Person: Nader Elias (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-05-23 | Common Stock | A | 22851 | $0.00 | Acquired | 22851 | Direct |
| 2022-05-25 | Common Stock | A | 4248 | $0.00 | Acquired | 27214 | Direct |
Footnotes
F1: Represents a grant of restricted stock pursuant to and in accordance with the Company's director compensation policy, 100% of which will vest, subject to continued service through the vesting date, on the earlier of (i) the one-year anniversary of May 23, 2022 or (ii) the date of the Issuer's 2023 annual meeting of stockholders, subject to acceleration in full upon the occurrence of certain events.
F2: Mr. Nader was appointed to the Issuer's Board of Directors on March 3, 2022. Pursuant to the Company's director compensation policy, this grant represents the vesting of Mr. Nader's prorated initial equity grant of restricted stock based on the number of days between the day Mr. Nader was appointed as a Company director and the day of the then-next annual stockholder meeting (assuming the next annual meeting is held on the same calendar day as the prior year's annual meeting).