Form 4 for IMMR IMMERSION CORP

Accepted 2022-08-12 00:00:00 ET · period of report 2022-08-10 · accession 0001628280-22-022684 · 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	2022-08-12	2022-08-11	IMMR	Akerman Aaron	CFO	S - Sale+OE	$5.94	-882	32.2K	-3%	-$5,239
D	2022-08-12	2022-08-10	IMMR	Akerman Aaron	CFO	M - OptEx	—	+1,875	33.1K	+6%	—
D	2022-08-12	2022-08-10	IMMR	Akerman Aaron	CFO	M - OptEx	$0.00	-1,875	16.9K	-10%	$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	2022-08-11	S	D	882	$5.94	32,169	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 PSUs.
2	Common	Common Stock	2022-08-10	M	A	1,875	—	33,051	D	—	—	(F1) Restricted stock units convert into common stock on a one-for-one basis. (F2) 2,000 shares were purchased on July 31st, 2022 at a price of $4.471 per share under the Issuer's Employee Stock Purchase Plan.
3	Derivative	Performance-based Restricted Stock Units	2022-08-10	M	D	1,875	$0.00	16,875	D	— · — to 2025-11-10	1,875 Common Stock	(F1) Restricted stock units convert into common stock on a one-for-one basis. (F4) 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.