Aaron Akerman - Jan 13, 2022 Form 4 Insider Report for IMMERSION CORP (IMMR)

Role
Chief Financial Officer
Signature
/s/ Francis Jose, Attorney-in-Fact for Aaron Akerman
Stock symbol
IMMR
Transactions as of
Jan 13, 2022
Transactions value $
-$65,373
Form type
4
Date filed
1/18/2022, 05:55 PM
Previous filing
Nov 15, 2021
Next filing
Feb 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IMMR Common Stock Options Exercise +23.3K +212.99% 34.3K Jan 13, 2022 Direct F1
transaction IMMR Common Stock Sale -$65.4K -12.7K -37.02% $5.15 21.6K Jan 14, 2022 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction IMMR Restricted Stock Units Options Exercise $0 -23.3K -50% $0.00 23.3K Jan 13, 2022 Common Stock 23.3K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
F2 Represents the number of shares automatically sold, on a non-discretionary basis, to cover tax withholding obligation in connection with the vesting of the RSUs.
F3 On January 13, 2020, the Report Person was granted 70,000 RSUs, 1/3 of which vested on January 13, 2021, and an additional 1/3 of the RSUs will vest annually thereafter, subject to the Reporting Person's continued service through each such vesting date.