William C. Martin - May 13, 2021 Form 4/A - Amendment Insider Report for IMMERSION CORP (IMMR)

Role: Director
Signature: By: /s/ Frederick C. Wasch as attorney-in-fact for William C. Martin
Stock symbol: IMMR
Transactions as of: May 13, 2021
Transactions value $: $0
Form type: 4/A - Amendment
Date filed: 5/19/2021, 03:42 PM
Date Of Original Report: May 17, 2021
Next filing: Nov 10, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	IMMR	Common Stock, $0.001 par value	Award	$0	+17.3K	+54.05%	$0.00	49.3K	May 13, 2021	Direct	F1, F2, F3
holding	IMMR	Common Stock, $0.001 par value						2.22M	May 13, 2021	By Raging Capital Master Fund, Ltd.	F1, F4, F5

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

Explanation of Responses:

Id	Content
F1	This Form 4 is filed jointly by Raging Capital Management, LLC ("Raging Capital") and William C. Martin (collectively, the "Reporting Persons"). William C. Martin, the Chairman, Chief Investment Officer and Managing Member of Raging Capital, is a director of the Issuer. Accordingly, Raging Capital may be deemed to be a director by deputization of the Issuer. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein.
F2	Represents a grant of restricted stock, 100% of which will vest, subject to continued service through the vesting date, on the earlier of (i) the one-year anniversary of May 13, 2021 or (ii) the date of the Issuer's 2022 annual meeting of stockholders.
F3	This amendment is being filed solely to correct the number of securities acquired and the amount of securities beneficially owned following reporting transaction used to report a single transaction in Table I of the Reporting Persons' Form 4 filed on May 17, 2021. The original Form 4 incorrectly reported 14,674 securities acquired and 46,704 securities owned following the reporting transaction, due to an error.
F4	Represents securities held directly by Raging Capital Master Fund, Ltd. ("Raging Master"). Raging Capital is the Investment Manager of Raging Master. William C. Martin is the Chairman, Chief Investment Officer and Managing Member of Raging Capital. Raging Master has delegated to Raging Capital the sole authority to vote and dispose of the securities held by Raging Master pursuant to an Investment Management Agreement, dated November 9, 2012, as amended and restated on December 21, 2016 (the "IMA").
F5	The IMA may be terminated by any party thereto effective at the close of business on the last day of any fiscal quarter by giving the other party not less than sixty-one days' written notice. As a result, each of Raging Capital and William C. Martin may be deemed to beneficially own the securities held by Raging Master. Raging Master specifically disclaims beneficial ownership of the securities held by it by virtue of its inability to vote or dispose of such securities as a result of the IMA.