Aaron Akerman - 13 Jun 2023 Form 4 Insider Report for IMMERSION CORP (IMMR)

Signature
/s/ Aaron Akerman
Issuer symbol
IMMR
Transactions as of
13 Jun 2023
Net transactions value
-$5,222
Form type
4
Filing time
15 Jun 2023, 16:15:25 UTC
Previous filing
12 May 2023
Next filing
11 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IMMR Common Stock Options Exercise $2,059 +272 +0.59% $7.57 46,442 13 Jun 2023 Direct
transaction IMMR Common Stock Sale $2,146 -272 -0.59% $7.89 46,170 13 Jun 2023 Direct
transaction IMMR Common Stock Options Exercise $155,185 +20,500 +44% $7.57 66,670 13 Jun 2023 Direct
transaction IMMR Common Stock Sale $160,320 -20,500 -31% $7.82 46,170 13 Jun 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction IMMR Non-Qualified Stock Options (Right to Buy) Options Exercise $0 -272 -0.19% $0.000000 139,728 13 Jun 2023 Common Stock 272 $7.57 Direct F1
transaction IMMR Non-Qualified Stock Options (Right to Buy) Options Exercise $0 -20,500 -15% $0.000000 119,228 13 Jun 2023 Common Stock 20,500 $7.57 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 25% of the shares subject to the option vested on January 13, 2021, and an additional 1/48th of the shares subject to the option shall vest on the same day of each month thereafter until 100% of the shares subject to the option shall be vested on January 13, 2024, subject to Reporting Person's continued employment with the Issuer through each such date.