William C. Martin - Jun 30, 2023 Form 4 Insider Report for IMMERSION CORP (IMMR)

Role
Chief Strategy Officer, Director
Signature
/s/ William C. Martin
Stock symbol
IMMR
Transactions as of
Jun 30, 2023
Transactions value $
-$81,724
Form type
4
Date filed
7/5/2023, 04:19 PM
Previous filing
Apr 4, 2023
Next filing
Oct 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IMMR Common Stock Award $0 +14.8K +1.84% $0.00 819K Jun 30, 2023 Direct F1
transaction IMMR Common Stock Tax liability -$81.7K -11.5K -1.41% $7.08 807K Jul 1, 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Common stock issued to the Reporting Person in lieu of salary earned during the first six months of 2023 less applicable withholding taxes and amounts required to be paid to the Reporting Person in cash pursuant to applicable law. The total number of shares of the Issuer's common stock issued to the Reporting Person was calculated by determining the salary earned by the Reporting Person during the first six months of 2023, subtracting applicable withholding taxes and amounts required to be paid to the Reporting Person in cash pursuant to applicable law, and dividing the remainder by the closing price on June 30, 2023.
F2 Represents shares withheld to satisfy the tax withholding obligations upon restricted stock units vesting.