IMMERSION CORP — Director's Dealing 2023

Mar 22, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IMMERSION CORP (IMMR)
CIK: 0001058811
Period of Report: 2023-03-19

Reporting Person: MARTIN WILLIAM C (Director, Chief Strategy Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-03-19	Common Stock	M	100000	—	Acquired	843176	Direct
2023-03-19	Common Stock	F	42704	$7.87	Disposed	800472	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-03-19	Performance-based Restricted Stock Units	$	A	0	Acquired	2027-01-01	Common Stock (0.0)	Direct

Footnotes

F1: Represents shares withheld to satisfy the tax withholding obligations upon restricted stock units vesting.

F2: Grant of 300,000 Performance-Based Restricted Stock Units, each of which represents a contingent right to receive one share of the Issuer's common stock, with vesting subject to: (a) the achievement of specified levels of the volume weighted average closing prices of the Issuer's common stock during any one hundred (100) day-period between January 1, 2022 and January 1, 2027; and (b) continued employment with the Issuer through the later of each achievement date or service vesting date, which occurs over a three (3) year-period commencing on January 1, 2022.