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IMMERSION CORP Director's Dealing 2024

Aug 8, 2024

33559_dirs_2024-08-07_83e1fb28-3c32-4016-84fa-f0563f9768ce.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: 2024-08-06

Reporting Person: MARTIN WILLIAM C (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-08-06 Common Stock M 100000 Acquired 1372067 Direct
2024-08-07 Common Stock F 22802 $10.23 Disposed 1349265 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-08-06 Performance-based Restricted Stock Units $ M 100000 Disposed 2027-01-01 Common Stock (100000) Direct

Footnotes

F1: 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.

F2: Represents shares withheld to satisfy the tax withholding obligations upon Performance-Based Restricted Stock Units vesting.