Francis Jose - 09 Mar 2023 Form 4 Insider Report for IMMERSION CORP (IMMR)

Signature
/s/ Francis Jose
Issuer symbol
IMMR
Transactions as of
09 Mar 2023
Transactions value $
-$11,067
Form type
4
Filing time
13 Mar 2023, 16:51:54 UTC
Previous filing
29 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IMMR Common Stock Options Exercise +3,483 +13% 29,473 09 Mar 2023 Direct F1
transaction IMMR Common Stock Sale -$11,066 -1,441 -4.9% $7.68 28,032 10 Mar 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 0 $0* 0 09 Mar 2023 Common Stock 3,483 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 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 March 9, 2020, the Reporting Person was granted 10,450 RSUs, 1/3 of which vested on March 9, 2021, 1/3 of which vested on March 9, 2022, and 1/3 of vested on March 9, 2023.