Form 4 for IMMR IMMERSION CORP
Accepted 2022-02-14 00:00:00 ET · period of report 2022-02-10 · accession 0001214659-22-002697 · 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 | 2022-02-14 | 2022-02-11 | IMMR | Akerman Aaron | CFO | S - Sale+OE | $5.00 | -1,007 | 24.5K | -4% | -$5,035 |
| D | 2022-02-14 | 2022-02-10 | IMMR | Akerman Aaron | CFO | M - OptEx | — | +1,875 | 25.5K | +8% | — |
| D | 2022-02-14 | 2022-02-10 | IMMR | Akerman Aaron | CFO | M - OptEx | $0.00 | -1,875 | 20.6K | -8% | $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 | 2022-02-11 | S | D | 1,007 | $5.00 | 24,463 | D | — | — | (F3) 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. |
| 2 | Common | Common Stock | 2022-02-10 | M | A | 1,875 | — | 25,470 | D | — | — | (F2) Restricted stock units convert into common stock on a one-for-one basis. (F1) 2,000 shares were purchased on January 31st, 2022 at a price of $4.3945 per share under the Issuer's Employee Stock Purchase Plan. |
| 3 | Derivative | Performance-Based Restricted Stock Units | 2022-02-10 | M | D | 1,875 | $0.00 | 20,625 | D | — · — to 2025-11-10 | 1,875 Common Stock | (F4) Restricted stock units convert into common stock on a one-for-one basis. (F5) 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. |