Eric Singer - Apr 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
Apr 1, 2024
Transactions value $
-$280,036
Form type
4
Date filed
4/3/2024, 05:49 PM
Previous filing
Jan 3, 2024
Next filing
Apr 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IMMR Common Stock Tax liability -$74.1K -9.84K -0.72% $7.53 1.36M Apr 1, 2024 Direct F1
transaction IMMR Common Stock Award $0 +150K +11.07% $0.00 1.51M Apr 1, 2024 Direct F2
transaction IMMR Common Stock Tax liability -$111K -14.8K -0.98% $7.53 1.49M Apr 1, 2024 Direct F1
transaction IMMR Common Stock Tax liability -$94.8K -13.1K -0.88% $7.23 1.48M Apr 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 the grant of 150,000 restricted stock units, 100% of which will vest on the one-year anniversary of April 1, 2024, the effective grant date, or April 1, 2025, subject to the change in control and severance provisions applicable to Mr. Singer's initial equity award. Each RSU represents a contingent right to receive one share of the Issuer's common stock.