WILLIAM C. MARTIN - 14 Oct 2022 Form 4 Insider Report for IMMERSION CORP (IMMR)

Role: Chief Strategy Officer, Director
Signature: /s/ William Martin
Issuer symbol: IMMR
Transactions as of: 14 Oct 2022
Transactions value $: $0
Form type: 4
Filing time: 18 Oct 2022, 19:23:04 UTC
Previous filing: 04 Oct 2022
Next filing: 04 Jan 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	IMMR	Common Stock	Award	$0	+14.3K	+2.09%	$0.00	701K	14 Oct 2022	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Granted in accordance with the Issuer's 2021 Equity Incentive Plan (the "Plan"). In accordance with the terms of the Plan and as approved by the Issuer's Board of Directors, the Reporting Person is permitted to, and has, elected to be paid his salary as an executive officer of the Issuer in the form of the Issuer's Common Stock.
F2	Common Stock issued to the Reporting Person in lieu of salary earned less applicable withholding taxes and amounts required to be paid to the Reporting Person in cash pursuant to applicable law. The total number of shares of the Issuer's Common Stock issued to the Reporting Person was calculated by determining for each bi-weekly payroll period, the salary earned by the Reporting Person during the applicable bi-weekly payroll period, subtracting withholding taxes and amounts required to be paid to the Reporting Person in cash pursuant to applicable law, dividing the remainder by the closing price on October 14, 2022, and summing the number of shares of the Issuer's Common Stock from all pay periods.

Content

Granted in accordance with the Issuer's 2021 Equity Incentive Plan (the "Plan"). In accordance with the terms of the Plan and as approved by the Issuer's Board of Directors, the Reporting Person is permitted to, and has, elected to be paid his salary as an executive officer of the Issuer in the form of the Issuer's Common Stock.

Common Stock issued to the Reporting Person in lieu of salary earned less applicable withholding taxes and amounts required to be paid to the Reporting Person in cash pursuant to applicable law. The total number of shares of the Issuer's Common Stock issued to the Reporting Person was calculated by determining for each bi-weekly payroll period, the salary earned by the Reporting Person during the applicable bi-weekly payroll period, subtracting withholding taxes and amounts required to be paid to the Reporting Person in cash pursuant to applicable law, dividing the remainder by the closing price on October 14, 2022, and summing the number of shares of the Issuer's Common Stock from all pay periods.