Elias Nader - May 23, 2022 Form 4 Insider Report for IMMERSION CORP (IMMR)

Role: Director
Signature: /s/ Francis Jose, Attorney-in-Fact
Stock symbol: IMMR
Transactions as of: May 23, 2022
Transactions value $: $0
Form type: 4
Date filed: 5/25/2022, 07:46 PM
Previous filing: May 17, 2022
Next filing: Aug 11, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	IMMR	Common Stock	Award	$0	+22.9K		$0.00	22.9K	May 23, 2022	Direct	F1
transaction	IMMR	Common Stock	Award	$0	+4.25K	+18.5%	$0.00	27.2K	May 25, 2022	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents a grant of restricted stock pursuant to and in accordance with the Company's director compensation policy, 100% of which will vest, subject to continued service through the vesting date, on the earlier of (i) the one-year anniversary of May 23, 2022 or (ii) the date of the Issuer's 2023 annual meeting of stockholders, subject to acceleration in full upon the occurrence of certain events.
F2	Mr. Nader was appointed to the Issuer's Board of Directors on March 3, 2022. Pursuant to the Company's director compensation policy, this grant represents the vesting of Mr. Nader's prorated initial equity grant of restricted stock based on the number of days between the day Mr. Nader was appointed as a Company director and the day of the then-next annual stockholder meeting (assuming the next annual meeting is held on the same calendar day as the prior year's annual meeting).

Content

Represents a grant of restricted stock pursuant to and in accordance with the Company's director compensation policy, 100% of which will vest, subject to continued service through the vesting date, on the earlier of (i) the one-year anniversary of May 23, 2022 or (ii) the date of the Issuer's 2023 annual meeting of stockholders, subject to acceleration in full upon the occurrence of certain events.

Mr. Nader was appointed to the Issuer's Board of Directors on March 3, 2022. Pursuant to the Company's director compensation policy, this grant represents the vesting of Mr. Nader's prorated initial equity grant of restricted stock based on the number of days between the day Mr. Nader was appointed as a Company director and the day of the then-next annual stockholder meeting (assuming the next annual meeting is held on the same calendar day as the prior year's annual meeting).