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IMMERSION CORP Director's Dealing 2023

Jan 18, 2023

33559_dirs_2023-01-18_f7c11701-62aa-4d9c-938a-f2eadadadfe2.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: 2023-01-13

Reporting Person: Akerman Aaron (Chief Financial Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-01-13 Common Stock M 23333 Acquired 56504 Direct
2023-01-18 Common Stock S 12112 $7.51 Disposed 44392 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-01-13 Restricted Stock Units $ M 23333 Disposed Common Stock (23333.0) Direct

Footnotes

F1: Restricted stock units convert into common stock on a one-for-one basis.

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 Reporting 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.