IMMERSION CORP — Director's Dealing 2023

Jan 17, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IMMERSION CORP (IMMR)
CIK: 0001058811
Period of Report: 2023-01-13

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-01-13	Common Stock	A	6342	—	Acquired	698875	Direct
2023-01-13	Common Stock	A	44301	—	Acquired	743176	Direct

Footnotes

F1: Granted in accordance with the Issuer's 2021 Equity Incentive Plan (the "Plan"). In accordance with the terms of the Plan and as approved by the Issuer's Board of Directors, the Reporting Person is permitted to, and has, elected to be paid his salary as an executive officer of the Issuer in the form of the Issuer's Common Stock.

F2: Common Stock issued to the Reporting Person in lieu of salary earned less applicable withholding taxes and amounts required to be paid to the Reporting Person in cash pursuant to applicable law. The total number of shares of the Issuer's Common Stock issued to the Reporting Person was calculated by determining for each bi-weekly payroll period, the salary earned by the Reporting Person during the applicable bi-weekly payroll period, subtracting withholding taxes and amounts required to be paid to the Reporting Person in cash pursuant to applicable law, dividing the remainder by the closing price on December 30, 2022, and summing the number of shares of the Issuer's Common Stock from all pay periods.

F3: Common Stock issued to the Reporting Person in lieu of bonus earned during 2022 less applicable withholding taxes and amounts required to be paid to the Reporting Person in cash pursuant to applicable law. The total number of shares of the Issuer's Common Stock issued to the Reporting Person was calculated by dividing the bonus earned by the Reporting Person during 2022, subtracting applicable withholding taxes and amounts required to be paid to the Reporting Person in cash pursuant to applicable law, dividing the remainder by the closing price on January 13, 2023.