Form 4 for IMMR IMMERSION CORP

Accepted 2022-05-12 00:00:00 ET · period of report 2022-05-10 · accession 0001628280-22-014060 · 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	2022-05-12	2022-05-10	IMMR	Akerman Aaron	CFO	M - OptEx	—	+1,875	30.1K	+7%	—
D	2022-05-12	2022-05-11	IMMR	Akerman Aaron	CFO	S - Sale+OE	$4.38	-912	29.2K	-3%	-$3,995
D	2022-05-12	2022-05-10	IMMR	Akerman Aaron	CFO	M - OptEx	$0.00	+1,875	18.8K	+11%	$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	2022-05-10	M	A	1,875	—	30,088	D	—	—	(F1) Restricted stock units convert into common stock on a one-for-one basis.
2	Common	Common Stock	2022-05-11	S	D	912	$4.38	29,176	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 PSUs.
3	Derivative	Performance-based Restricted Stock Units	2022-05-10	M	A	1,875	$0.00	18,750	D	— · — to 2025-11-10	1,875 Common Stock	(F1) Restricted stock units convert into common stock on a one-for-one basis. (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.