William C. Martin - Dec 29, 2023 Form 4 Insider Report for IMMERSION CORP (IMMR)

Signature
/s/ William C. Martin
Stock symbol
IMMR
Transactions as of
Dec 29, 2023
Transactions value $
-$62,657
Form type
4
Date filed
1/2/2024, 06:07 PM
Previous filing
Oct 3, 2023
Next filing
Jan 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IMMR Common Stock Award $0 +8.01K +1% $0.00 811K Dec 29, 2023 Direct F1
transaction IMMR Common Stock Tax liability -$62.7K -8.75K -1.08% $7.16 803K Jan 1, 2024 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 three months ended December 31, 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 three months ended December 31, 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 December 29, 2023.
F2 Represents shares withheld to satisfy the tax withholding obligations upon restricted stock units vesting.