Form 4 for IMMR IMMERSION CORP
Accepted 2024-07-03 00:00:00 ET · period of report 2024-07-01 · accession 0001213900-24-059110 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-07-03 | 2024-07-01+ | IMMR | Singer Eric | Pres, CEO, Dir | F - Tax | $9.47 | -62.3K | 1.55M | -4% | -$590.1K |
| D | 2024-07-03 | 2024-07-01 | IMMR | Singer Eric | Pres, CEO, Dir | A - Grant | $0.00 | +250.0K | 1.80M | +16% | $0 |
| D | 2024-07-03 | 2024-07-01 | IMMR | Singer Eric | Pres, CEO, Dir | M - OptEx | $0.00 | +100.0K | 1.59M | +7% | $0 |
| D | 2024-07-03 | 2024-07-01 | IMMR | Singer Eric | Pres, CEO, Dir | M - OptEx | $0.00 | -100.0K | 100.0K | -50% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-07-01 | F | D | 9,838 | $9.46 | 1,485,012 | D | — | — | (F1) Represents shares withheld to satisfy the tax withholding obligations upon restricted stock units vesting. |
| 2 | Common | Common Stock | 2024-07-03 | F | D | 13,117 | $9.51 | 1,782,543 | D | — | — | (F1) Represents shares withheld to satisfy the tax withholding obligations upon restricted stock units vesting. |
| 3 | Common | Common Stock | 2024-07-01 | A | A | 250,000 | $0.00 | 1,795,660 | D | — | — | (F4) Represents the grant of 250,000 restricted stock units, 100% of which will vest on the one-year anniversary of July 1, 2024, the effective grant date, or July 1, 2025, subject to the Reporting Person's continued employment with the Issuer. Each RSU represents a contingent right to receive one share of the Issuer's common stock. |
| 4 | Common | Common Stock | 2024-07-01 | F | D | 39,352 | $9.46 | 1,545,660 | D | — | — | (F3) Represents shares withheld to satisfy the tax withholding obligations upon Performance-Based Restricted Stock Units vesting. |
| 5 | Common | Common Stock | 2024-07-01 | M | A | 100,000 | $0.00 | 1,585,012 | D | — | — | (F2) Grant of 300,000 Performance-Based Restricted Stock Units, each of which represents a contingent right to receive one share of the Issuer's common stock, with vesting subject to: (a) the achievement of specified levels of the volume weighted average closing prices of the Issuer's common stock during any one hundred (100) day-period between January 1, 2022 and January 1, 2027; and (b) continued employment with the Issuer through the later of each achievement date or service vesting date, which occurs over a three (3) year-period commencing on January 1, 2022. |
| 6 | Derivative | Performance-based Restricted Stock Units | 2024-07-01 | M | D | 100,000 | $0.00 | 100,000 | D | — · — to 2027-01-01 | 100,000 Common Stock | (F2) Grant of 300,000 Performance-Based Restricted Stock Units, each of which represents a contingent right to receive one share of the Issuer's common stock, with vesting subject to: (a) the achievement of specified levels of the volume weighted average closing prices of the Issuer's common stock during any one hundred (100) day-period between January 1, 2022 and January 1, 2027; and (b) continued employment with the Issuer through the later of each achievement date or service vesting date, which occurs over a three (3) year-period commencing on January 1, 2022. |