Eric Singer - May 13, 2021 Form 4/A - Amendment Insider Report for IMMERSION CORP (IMMR)

Role: Director
Signature: /s/ Eric Singer by Francis Jose, Attorney-in-Fact
Stock symbol: IMMR
Transactions as of: May 13, 2021
Transactions value $: $0
Form type: 4/A - Amendment
Date filed: 5/28/2021, 08:00 PM
Date Of Original Report: May 17, 2021
Next filing: Jun 14, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	IMMR	Common Stock, $0.001 par value	Other	$0	0	0%	$0.00^*	22.8K	May 13, 2021	Direct	F1, F2
holding	IMMR	Common Stock, $0.001 par value						499K	May 13, 2021	By VIEX Special Opportunities Fund II, LP	F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This amendment is being filed solely to reverse the previously reported grant of restricted stock to the reporting person on the original form 4 filed on May 17, 2021, as amended on May 18, 2021 (the "Original Form 4"). The Original Form 4 reported the grant of 17,313 restricted shares, which grant was approved by the Immersion Board of Directors on May 13, 2021. Such grant was intended to be made under the Company's 2011 Equity Incentive Plan (the "Plan"). However, the Plan had expired at the time such grant was approved; and therefore, such grant could not be made. On May 19, 2021, following the filing of the Original Form 4 but before any restricted shares purportedly granted actually were issued to the reporting person, the Company identified the termination of the Plan and therefore did not issue the restricted shares to the reporting person. As a result, the grant was not effective under the issuer's grant procedures.
F2	Continued from footnote 1: The Immersion Board of Director has rescinded the prior approval of such grant and has confirmed that the reporting person had no right to the restricted shares previously reported on the Original Form 4.
F3	This Reporting Person disclaims beneficial ownership of the securities of the Issuer reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
F4	Securities of the Issuer beneficially owned directly by VIEX Special Opportunities Fund II, LP ("VSO II"). VIEX Special Opportunities GP II, LLC ("VSO GP II"), as the general partner of VSO II, may be deemed the beneficial owner of the securities of the Issuer beneficially owned by VSO II. Mr. Singer, as the managing member of VSO GP II, may be deemed the beneficial owner of the securities of the Issuer beneficially owned by VSO II.