Eric Singer - 01 Jan 2024 Form 4 Insider Report for IMMERSION CORP (IMMR)

Role
President and CEO, Director
Signature
/s/ Eric Singer
Issuer symbol
IMMR
Transactions as of
01 Jan 2024
Net transactions value
-$193,743
Form type
4
Filing time
03 Jan 2024, 19:15:50 UTC
Previous filing
02 Oct 2023
Next filing
02 Apr 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IMMR Common Stock Tax liability $51,849 -7,344 -0.78% $7.06 935,825 01 Jan 2024 Direct F1
transaction IMMR Common Stock Award $0 +450,000 +48% $0.000000 1,385,825 02 Jan 2024 Direct F2
transaction IMMR Common Stock Tax liability $141,895 -20,505 -1.5% $6.92 1,365,320 03 Jan 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld to satisfy the tax withholding obligations upon restricted stock units vesting.
F2 Represents a grant of restricted stock.Vesting shall occur over a three-year period and in equal quarterly installments (37,500 shares) commencing on April 1, 2024, subject to the change in control and severance provisions applicable to Mr. Singer's initial equity award.