Form 4 for IMMR IMMERSION CORP
Accepted 2024-08-07 00:00:00 ET · period of report 2024-08-06 · accession 0001213900-24-066261 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-08-07 | 2024-08-06 | IMMR | Singer Eric | Pres, CEO, Dir | M - OptEx | $0.00 | +100.0K | 1.88M | +6% | $0 |
| D | 2024-08-07 | 2024-08-07 | IMMR | Singer Eric | Pres, CEO, Dir | F - Tax | $10.23 | -19.7K | 1.86M | -1% | -$201.3K |
| D | 2024-08-07 | 2024-08-06 | IMMR | Singer Eric | Pres, CEO, Dir | M - OptEx | $0.00 | -100.0K | 0 | -100% | $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 | 2024-08-06 | M | A | 100,000 | $0.00 | 1,882,543 | D | — | — | (F1) 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. |
| 2 | Common | Common Stock | 2024-08-07 | F | D | 19,676 | $10.23 | 1,862,867 | D | — | — | (F2) Represents shares withheld to satisfy the tax withholding obligations upon Performance-Based Restricted Stock Units vesting. |
| 3 | Derivative | Performance-based Restricted Stock Units | 2024-08-06 | M | D | 100,000 | $0.00 | 0 | D | — · — to 2027-01-01 | 100,000 Common Stock | (F1) 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. |