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IMMERSION CORP Major Shareholding Notification 2015

Feb 17, 2015

33559_mrq_2015-02-17_4de17293-a93a-4090-a52c-78d175541249.zip

Major Shareholding Notification

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SC 13G/A 1 p15-0466sc13ga.htm IMMERSION CORP

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A
Under the Securities Exchange Act of 1934
(Amendment No. 6)*
Immersion
Corporation
(Name of Issuer)
Common Stock,
$0.001 par value
(Title of Class of Securities)
452521107
(CUSIP Number)
December
31, 2014
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
¨ Rule 13d-1(b)
x Rule 13d-1(c)
¨ Rule 13d-1(d)
(Page 1 of 8 Pages)

*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 (" Act ") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

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CUSIP No. 452521107 13G/A Page 2 of 8 Pages

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1 NAME OF REPORTING PERSON RIMA Senvest Management, LLC
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) ¨
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER 0
6 SHARED VOTING POWER 3,451,780
7 SOLE DISPOSITIVE POWER 0
8 SHARED DISPOSITIVE POWER 3,451,780
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,451,780
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 12.47%
12 TYPE OF REPORTING PERSON OO, IA

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CUSIP No. 452521107 13G/A Page 3 of 8 Pages

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1 NAME OF REPORTING PERSON Richard Mashaal
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) ¨
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION Canada
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER 0
6 SHARED VOTING POWER 5,409,012
7 SOLE DISPOSITIVE POWER 0
8 SHARED DISPOSITIVE POWER 5,409,012
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,409,012
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 19.54%
12 TYPE OF REPORTING PERSON IN, HC

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CUSIP No. 452521107 13G/A Page 4 of 8 Pages

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Item 1(a). Name of Issuer.
Immersion Corporation (the " Issuer ")
Item 1(b). Address of Issuer's Principal Executive Offices.
30 Rio Robles San Jose, California 95134
Item 2(a). Name of Person Filing.
This statement is filed by
RIMA Senvest Management, LLC and Richard Mashaal. The reported securities are held in the accounts
of Senvest Master Fund, L.P. and Senvest Israel Partners, L.P. (the " RIMA Funds ") and Senvest International L.L.C.
(collectively with the RIMA Funds, the " Investment Vehicles "). RIMA Senvest Management, LLC serves as investment
manager and general partner of each of the RIMA Funds. Richard Mashaal is the managing member of RIMA Senvest Management, LLC and
is president of, exercising investment and voting powers over, Senvest International L.L.C. Mr. Mashaal may be deemed to have voting
and dispositive powers over the shares of Common Stock held by the Investment Vehicles. RIMA Senvest Management, LLC may be deemed
to beneficially own the securities held by the RIMA Funds by virtue of RIMA Senvest Management, LLC's position as investment manager
and general partner of each of the RIMA Funds. Mr. Mashaal may be deemed to beneficially own the securities held by the Investment
Vehicles by virtue of Mr. Mashaal's status as the managing member of RIMA Senvest Management, LLC and his investment and voting
powers over Senvest International L.L.C. None of the foregoing should be construed in and of itself as an admission by any Reporting
Person as to beneficial ownership of the shares of Common Stock reported herein.
Item 2(b). Address of Principal Business Office.
RIMA Senvest Management, LLC 540 Madison Avenue, 32 nd Floor New York, New York 10022 Richard Mashaal c/o RIMA Senvest Management, LLC 540 Madison Avenue, 32 nd Floor New York, New York 10022
Item 2(c). Place of Organization.
RIMA Senvest Management, LLC – Delaware Richard Mashaal – Canada
Item 2(d). Title of Class of Securities.
Common Stock, $0.001 par value

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CUSIP No. 452521107 13G/A Page 5 of 8 Pages

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Item 2(e). CUSIP Number.
452521107
Item 3. If this Statement is Filed Pursuant to §§ 240.13d-1(b) or 240.13d-2(b), or (c), check whether the Person Filing is a:
(a) ¨ Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b) ¨ Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c) ¨ Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d) ¨ Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e) ¨ An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f) ¨ An employee benefit plan or endowment fund in
accordance with § 240.13d-1(b)(1)(ii)(F);
(g) ¨ A parent holding company or control person in
accordance with §240.13d-1(b)(1)(ii)(G);
(h) ¨ A savings association as defined in Section 3(b)
of the Federal Deposit Insurance Act (12 U.S.C.1813);
(i) ¨ A church plan that is excluded from the definition of an investment
company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j) ¨ A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J);
(k) ¨ Group, in accordance with §240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution.
Item 4. Ownership.
The information required by Items 4(a) – (c) is set forth in Rows (5) – (11) of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person. The percentages set forth in this Schedule 13G are calculated based upon an aggregate of 27,678,578 shares of Common Stock outstanding as of October 23, 2014 as reported in the Issuer's Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2014 filed on October 31, 2014.
Item 5. Ownership of Five Percent or Less of a Class.
Not applicable.

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CUSIP No. 452521107 13G/A Page 6 of 8 Pages

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Item 6.
The Investment Vehicles have the right to receive and the power to direct the receipt of dividends from, and the proceeds from the sale of, the shares of Common Stock.
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not applicable.
Item 8. Identification and Classification of Members of the Group.
Not applicable.
Item 9. Notice of Dissolution of Group.
Not applicable.
Item 10. Certification.
By signing below each Reporting Person certifies that, to the best of his or its knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

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CUSIP No. 452521107 13G/A Page 7 of 8 Pages

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SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.

Date: February 17, 2015
RIMA SENVEST MANAGEMENT, LLC
By: /s/ George Malikotsis
Name: George Malikotsis
Title: Chief Financial Officer
/s/ Richard Mashaal
RICHARD MASHAAL

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CUSIP No. 452521107 13G/A Page 8 of 8 Pages

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Exhibit A

JOINT FILING AGREEMENT

The undersigned acknowledge and agree that the foregoing statement on Schedule 13G is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G shall be filed on behalf of each of the undersigned without the necessity of filing additional joint filing agreements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained herein and therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate.

Date: February 17, 2015
RIMA SENVEST MANAGEMENT, LLC
By: /s/ George Malikotsis
Name: George Malikotsis
Title: Chief Financial Officer
/s/ Richard Mashaal
RICHARD MASHAAL