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: 11 Aug 2023, 19:08.
Aaron Akerman - 10 Aug 2023 Form 4 Insider Report for IMMERSION CORP (IMMR)
- Reporting relationship
- Former Chief Financial Officer
- Issuer ticker
- IMMR
- Reported as of
- 10 Aug 2023
- Net transaction value
- -$6,537
- SEC form
- 4
- Accepted by SEC
- 11 Aug 2023, 19:08:32 UTC
- Prior SEC filing
- 15 Jun 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Aaron Akerman
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Aaron Akerman filed Form 4 for IMMERSION CORP (IMMR) on 11 Aug 2023.
Change
- Previous filing in this sequence was filed on 15 Jun 2023.
- Current net transaction value: -$6,537.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
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 %
- +4.1%
- Price
- Shares after
- 48,045
- Date
- 10 Aug 2023
- Ownership
- Direct
- Footnotes
- F1
IMMR
transaction
Common Stock
Tax liability
- Transaction value
- $6,537
- Shares
- -967
- Change %
- -2%
- Price
- $6.76
- Shares after
- 47,078
- Date
- 11 Aug 2023
- Ownership
- Direct
- Footnotes
- F3
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 %
- -12%
- Price
- $0.000000
- Shares after
- 13,125
- Date
- 10 Aug 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 1,875
- Exercise price
- Footnotes
- F1, F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Aaron Akerman is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 3 footnotes
Footnote F1
Performance-Based Restricted Stock Units ("PSUs") convert into common stock on a one-for-one basis.
Footnote F2
Grant of 30,000 PSUs, 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.
Footnote F3
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.