Form 4 for IMMR IMMERSION CORP
Accepted 2022-11-15 00:00:00 ET · period of report 2022-11-10 · accession 0001628280-22-030009 · 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 | 2022-11-15 | 2022-11-14 | IMMR | Akerman Aaron | CFO | S - Sale+OE | $6.00 | -873 | 33.2K | -3% | -$5,238 |
| D | 2022-11-15 | 2022-11-10 | IMMR | Akerman Aaron | CFO | M - OptEx | — | +1,875 | 34.0K | +6% | — |
| D | 2022-11-15 | 2022-11-10 | IMMR | Akerman Aaron | CFO | M - OptEx | $0.00 | -1,875 | 15.0K | -11% | $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 | 2022-11-14 | S | D | 873 | $6.00 | 33,171 | 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. |
| 2 | Common | Common Stock | 2022-11-10 | M | A | 1,875 | — | 34,044 | D | — | — | (F1) Restricted stock units convert into common stock on a one-for-one basis. |
| 3 | Derivative | Performance-based Restricted Stock Units | 2022-11-10 | M | D | 1,875 | $0.00 | 15,000 | 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. |