Eric Singer - 29 Dec 2022 Form 4 Insider Report for IMMERSION CORP (IMMR)

Signature
/s/ Eric Singer by Francis Jose, Attorney-in-Fact
Issuer symbol
IMMR
Transactions as of
29 Dec 2022
Net transactions value
$0
Form type
4
Filing time
03 Jan 2023, 18:39:02 UTC
Previous filing
02 Dec 2022
Next filing
04 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IMMR Common Stock Award $0 +400,000 +61% $0.000000 1,053,269 29 Dec 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of restricted stock. Vesting shall occur over a three-year period and shall vest as to 1/3rd of the total number of shares (133,333 shares) on January 3, 2024 and 1/12th of the total number of shares (33,333 shares, with 33,336 shares vesting in the last quarter) each quarterly period following January 3, 2024 for the remaining vesting period, subject to continued service to the Company in the capacity of employee or director.