Francis Jose - Mar 9, 2023 Form 4 Insider Report for IMMERSION CORP (IMMR)

Signature
/s/ Francis Jose
Stock symbol
IMMR
Transactions as of
Mar 9, 2023
Transactions value $
-$11,067
Form type
4
Date filed
3/13/2023, 04:51 PM
Previous filing
Mar 29, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IMMR Common Stock Options Exercise +3.48K +13.4% 29.5K Mar 9, 2023 Direct F1
transaction IMMR Common Stock Sale -$11.1K -1.44K -4.89% $7.68 28K Mar 10, 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 0 $0.00* 0 Mar 9, 2023 Common Stock 3.48K 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 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 March 9, 2020, the Reporting Person was granted 10,450 RSUs, 1/3 of which vested on March 9, 2021, 1/3 of which vested on March 9, 2022, and 1/3 of vested on March 9, 2023.