Aaron Akerman - 10 May 2022 Form 4 Insider Report for IMMERSION CORP (IMMR)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
12 May 2022, 16:01:08 UTC
Prior SEC filing
14 Feb 2022
Next SEC filing
12 Aug 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Francis Jose, attorney-in-fact for Aaron Akerman

Key filing fact

Aaron Akerman filed Form 4 for IMMERSION CORP (IMMR) on 12 May 2022.

Key facts

  • This page summarizes Aaron Akerman's Form 4 filing for IMMERSION CORP (IMMR).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 12 May 2022, 16:01.

Change

  • Previous filing in this sequence was filed on 14 Feb 2022.
  • Current net transaction value: -$3,996.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

IMMR transaction

Common Stock

Options Exercise

Transaction value
Shares
+1,875
Change %
+6.6%
Price
Shares after
30,088
Date
10 May 2022
Ownership
Direct
Footnotes
F1
IMMR transaction

Common Stock

Sale

Transaction value
$3,996
Shares
-912
Change %
-3%
Price
$4.38
Shares after
29,176
Date
11 May 2022
Ownership
Direct
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

IMMR transaction Derivative

Performance-based Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
+1,875
Change %
+11%
Price
$0.000000
Shares after
18,750
Date
10 May 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,875
Exercise price
Footnotes
F1, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Restricted stock units convert into common stock on a one-for-one basis.

Footnote 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 PSUs.

Footnote F3

Grant of 30,000 Performance-Based Restricted Stock Units, each of which represents a contingent right to receive one share of the Issuer's common stock, with vesting subject to: (a) the achievement of specified levels of the volume weighted average closing prices of the Issuer's common stock during any one hundred (100) day-period between November 10, 2020 and November 10, 2025; and (b) continued employment with the Issuer through the later of each achievement date or service vesting date, which occurs over a four (4) year-period commencing on November 10, 2020.

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