Eric Singer - Jan 1, 2024 Form 4 Insider Report for IMMERSION CORP (IMMR)

Role
President and CEO, Director
Signature
/s/ Eric Singer
Stock symbol
IMMR
Transactions as of
Jan 1, 2024
Transactions value $
-$193,743
Form type
4
Date filed
1/3/2024, 07:15 PM
Previous filing
Oct 2, 2023
Next filing
Apr 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IMMR Common Stock Tax liability -$51.8K -7.34K -0.78% $7.06 936K Jan 1, 2024 Direct F1
transaction IMMR Common Stock Award $0 +450K +48.09% $0.00 1.39M Jan 2, 2024 Direct F2
transaction IMMR Common Stock Tax liability -$142K -20.5K -1.48% $6.92 1.37M Jan 3, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld to satisfy the tax withholding obligations upon restricted stock units vesting.
F2 Represents a grant of restricted stock.Vesting shall occur over a three-year period and in equal quarterly installments (37,500 shares) commencing on April 1, 2024, subject to the change in control and severance provisions applicable to Mr. Singer's initial equity award.