Francis Jose - Feb 28, 2022 Form 4 Insider Report for IMMERSION CORP (IMMR)

Role
CEO & General Counsel
Signature
/s/ Francis Jose
Stock symbol
IMMR
Transactions as of
Feb 28, 2022
Transactions value $
-$11,331
Form type
4
Date filed
3/2/2022, 08:21 PM
Previous filing
May 25, 2021
Next filing
Mar 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IMMR Common Stock Options Exercise +5.13K +34.45% 20K Feb 28, 2022 Direct F1
transaction IMMR Common Stock Sale -$11.3K -2.14K -10.67% $5.30 17.9K Mar 2, 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 -3.47K -100% $0.00* 0 Feb 28, 2022 Common Stock 3.47K Direct F1, F3
transaction IMMR Restricted Stock Units Options Exercise $0 -1.67K -100% $0.00* 0 Feb 28, 2022 Common Stock 1.67K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one to one basis
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 February 28, 2019, the Reporting Person was granted 10,400 RSUs, 1/3 of which vested on February 29, 2020, 1/3 of which vested on February 28, 2021, and 1/3 of which will vest on February 28, 2022, subject to Reporting Person's continued service through such date
F4 On February 28, 2019, the Reporting Person was granted 5,000 RSUs, 1/3 of which vested on February 29, 2020, 1/3 of which vested on February 28, 2021, and 1/3 of which will vest on February 28, 2022, subject to Reporting Person's continued service through such date.