Aaron Akerman - Jan 13, 2023 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, 2023
Transactions value $: -$90,961
Form type: 4
Date filed: 1/18/2023, 04:53 PM
Previous filing: Nov 15, 2022
Next filing: Feb 14, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	IMMR	Common Stock	Options Exercise		+23.3K	+70.34%		56.5K	Jan 13, 2023	Direct	F1
transaction	IMMR	Common Stock	Sale	-$91K	-12.1K	-21.44%	$7.51	44.4K	Jan 18, 2023	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, 2023	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	Restricted stock units convert into common stock on a one-for-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 January 13, 2020, the Reporting 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.