Form 4 for IMMR IMMERSION CORP
Accepted 2022-01-28 00:00:00 ET · period of report 2022-01-27 · accession 0001214659-22-001361 · 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 | 2022-01-28 | 2022-01-27 | IMMR | Singer Eric | Executive COB, Dir | A - Grant | $0.00 | +326.2K | 491.9K | +197% | $0 |
| D | 2022-01-28 | 2022-01-27 | IMMR | Singer Eric | Executive COB, Dir | A - Grant | $0.00 | +300.0K | 300.0K | New | $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 | 2022-01-27 | A | A | 26,151 | $0.00 | 191,914 | D | — | — | (F1) Represents a grant of restricted stock, 100% of which will vest, subject to continued service through the vesting date, on the earlier of (i) the one-year anniversary of May 13, 2021 or (ii) the date of the Issuer's 2022 annual meeting of stockholders, subject to acceleration in full upon the occurrence of certain events. |
| 2 | Common | Common Stock | 2022-01-27 | A | A | 300,000 | $0.00 | 491,914 | D | — | — | (F2) Represents a grant of restricted stock, 1/12th of the total number of shares (25,000 shares) will vest each quarterly period following the Vesting Start Date of January 1, 2022.Vesting is subject to acceleration upon occurrence of certain events. |
| 3 | Derivative | Common Stock | 2022-01-27 | A | A | 300,000 | $0.00 | 300,000 | D | — · — to 2027-01-01 | 300,000 Common Stock | (F3) Grant of 300,000 Performance-Based Restricted Stock Units, each of which represents a contingent right to receive one share of common stock of Issuer, with vesting subject to the achievement of specified levels of the volume weighted average closing prices of a share of Issuer's common stock during any one hundred (100) day trading period between January 1, 2022 and January 1, 2027 (each, a "Performance Milestone"). Upon achievement of a Performance Milestone, vesting is subject to continued service with the Issuer through the applicable vesting date, which occurs in quarterly installments following the Vesting Start Date of January 1, 2022.Vesting is subject to acceleration upon occurrence of certain events. |