Aaron Akerman - 13 Jan 2023 Form 4 Insider Report for IMMERSION CORP (IMMR)

Role: Chief Financial Officer
Signature: /s/ Francis Jose, attorney-in-fact for Aaron Akerman
Issuer symbol: IMMR
Transactions as of: 13 Jan 2023
Net transactions value: -$90,961
Form type: 4
Filing time: 18 Jan 2023, 16:53:38 UTC
Previous filing: 15 Nov 2022
Next filing: 14 Feb 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	Options Exercise		+23,333	+70%		56,504	13 Jan 2023	Direct	F1
transaction	IMMR	Common Stock	Sale	$90,961	-12,112	-21%	$7.51	44,392	18 Jan 2023	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	-23,333	-50%	$0.000000	23,333	13 Jan 2023	Common Stock	23,333		Direct	F1, F3

* 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-for-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 January 13, 2020, the Reporting Person was granted 70,000 RSUs, 1/3 of which vested on January 13, 2021, and an additional 1/3 of the RSUs will vest annually thereafter, subject to the Reporting Person's continued service through each such vesting date.