Francis Jose - 28 Feb 2022 Form 4 Insider Report for IMMERSION CORP (IMMR)

Role
CEO & General Counsel
Signature
/s/ Francis Jose
Issuer symbol
IMMR
Transactions as of
28 Feb 2022
Net transactions value
-$11,331
Form type
4
Filing time
02 Mar 2022, 20:21:45 UTC
Previous filing
25 May 2021
Next filing
11 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IMMR Common Stock Options Exercise +5,132 +34% 20,030 28 Feb 2022 Direct F1
transaction IMMR Common Stock Sale $11,331 -2,138 -11% $5.30 17,892 02 Mar 2022 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 -3,466 -100% $0.000000* 0 28 Feb 2022 Common Stock 3,466 Direct F1, F3
transaction IMMR Restricted Stock Units Options Exercise $0 -1,666 -100% $0.000000* 0 28 Feb 2022 Common Stock 1,666 Direct F1, F4
* 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 to 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 February 28, 2019, the Reporting Person was granted 10,400 RSUs, 1/3 of which vested on February 29, 2020, 1/3 of which vested on February 28, 2021, and 1/3 of which will vest on February 28, 2022, subject to Reporting Person's continued service through such date
F4 On February 28, 2019, the Reporting Person was granted 5,000 RSUs, 1/3 of which vested on February 29, 2020, 1/3 of which vested on February 28, 2021, and 1/3 of which will vest on February 28, 2022, subject to Reporting Person's continued service through such date.