Eric Singer - Jan 2, 2025 Form 4 Insider Report for IMMERSION CORP (IMMR)

Signature
/s/ Eric Singer
Stock symbol
IMMR
Transactions as of
Jan 2, 2025
Transactions value $
-$117,659
Form type
4
Date filed
1/6/2025, 06:15 PM
Previous filing
Jan 2, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IMMR Common Stock Award $0 +300K +16.37% $0.00 2.13M Jan 2, 2025 Direct F1
transaction IMMR Common Stock Tax liability -$118K -13.1K -0.62% $8.97 2.12M Jan 3, 2025 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the grant of 300,000 restricted stock units, 50% of which will vest on the one-year anniversary of January 2, 2025, the effective grant date, or January 2, 2026, subject to the Reporting Person's continued employment with the Issuer. The remaining 50% will vest in equal quarterly instalments thereafter commencing on January 2, 2026, with the initial tranche vesting on April 1, 2026. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
F2 Represents shares withheld to satisfy the tax withholding obligations upon restricted stock units vesting.