IMMERSION CORP — Director's Dealing 2024

Jul 3, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IMMERSION CORP (IMMR)
CIK: 0001058811
Period of Report: 2024-07-01

Reporting Person: Singer Eric (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-07-01	Common Stock	F	9838	$9.46	Disposed	1485012	Direct
2024-07-01	Common Stock	M	100000	—	Acquired	1585012	Direct
2024-07-01	Common Stock	F	39352	$9.46	Disposed	1545660	Direct
2024-07-01	Common Stock	A	250000	—	Acquired	1795660	Direct
2024-07-03	Common Stock	F	13117	$9.51	Disposed	1782543	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-07-01	Performance-based Restricted Stock Units	$	M	100000	Disposed	2027-01-01	Common Stock (100000)	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.

F3: Represents shares withheld to satisfy the tax withholding obligations upon Performance-Based Restricted Stock Units vesting.

F4: Represents the grant of 250,000 restricted stock units, 100% of which will vest on the one-year anniversary of July 1, 2024, the effective grant date, or July 1, 2025, subject to the Reporting Person's continued employment with the Issuer. Each RSU represents a contingent right to receive one share of the Issuer's common stock.