Form 4 for IMMR IMMERSION CORP

Accepted 2021-11-15 00:00:00 ET · period of report 2021-11-11 · accession 0001214659-21-011834 · 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	2021-11-15	2021-11-11	IMMR	Akerman Aaron	CFO	M - OptEx	$0.00	+7,500	15.0K	+100%	$0
D	2021-11-15	2021-11-12	IMMR	Akerman Aaron	CFO	S - Sale+OE	$6.76	-4,014	11.0K	-27%	-$27.1K
D	2021-11-15	2021-11-11	IMMR	Akerman Aaron	CFO	M - OptEx	$0.00	-7,500	22.5K	-25%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2021-11-11	M	A	7,500	$0.00	14,969	D	—	—	(F1) 1,747 shares were purchased on July 31st, 2021 at a price of $6.426 per share under the Issuer's Employee Stock Purchase Plan.
2	Common	Common Stock	2021-11-12	S	D	4,014	$6.76	10,955	D	—	—	(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.
3	Derivative	Performance-Based Restricted Stock Units	2021-11-11	M	D	7,500	$0.00	22,500	D	$0.00 · — to 2025-11-10	7,500 Common Stock	(F3) Grant of 30,000 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 November 10, 2020 and November 10, 2025; and (b) continued employment with the Issuer through the later of each achievement date or service vesting date, which occurs over a four (4) year-period commencing on November 10, 2020.