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IMMERSION CORP — Director's Dealing 2022
Jan 19, 2022
33559_dirs_2022-01-18_dd61fd72-a0bc-4f6a-99be-dfe4556296b8.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: 2022-01-13
Reporting Person: Akerman Aaron (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-01-13 | Common Stock | M | 23333 | — | Acquired | 34288 | Direct |
| 2022-01-14 | Common Stock | S | 12693 | $5.1503 | Disposed | 21595 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-01-13 | Restricted Stock Units | $ | M | 23333 | Disposed | Common Stock (23333) | Direct |
Footnotes
F1: Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
F2: 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.
F3: On January 13, 2020, the Report Person was granted 70,000 RSUs, 1/3 of which vested on January 13, 2021, and an additional 1/3 of the RSUs will vest annually thereafter, subject to the Reporting Person's continued service through each such vesting date.
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