Form 4 for IMMR IMMERSION CORP
Accepted 2023-01-17 00:00:00 ET · period of report 2023-01-13 · accession 0001628280-23-001124 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2023-01-17 | 2023-01-13 | IMMR | MARTIN WILLIAM C | Chief Strategy Off, Dir | A - Grant | $0.00 | +50.6K | 698.9K | +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 | 2023-01-13 | A | A | 44,301 | $0.00 | 743,176 | D | — | — | (F1) Granted in accordance with the Issuer's 2021 Equity Incentive Plan (the "Plan"). In accordance with the terms of the Plan and as approved by the Issuer's Board of Directors, the Reporting Person is permitted to, and has, elected to be paid his salary as an executive officer of the Issuer in the form of the Issuer's Common Stock. (F3) Common Stock issued to the Reporting Person in lieu of bonus earned during 2022 less applicable withholding taxes and amounts required to be paid to the Reporting Person in cash pursuant to applicable law. The total number of shares of the Issuer's Common Stock issued to the Reporting Person was calculated by dividing the bonus earned by the Reporting Person during 2022, subtracting applicable withholding taxes and amounts required to be paid to the Reporting Person in cash pursuant to applicable law, dividing the remainder by the closing price on January 13, 2023. |
| 2 | Common | Common Stock | 2023-01-13 | A | A | 6,342 | $0.00 | 698,875 | D | — | — | (F1) Granted in accordance with the Issuer's 2021 Equity Incentive Plan (the "Plan"). In accordance with the terms of the Plan and as approved by the Issuer's Board of Directors, the Reporting Person is permitted to, and has, elected to be paid his salary as an executive officer of the Issuer in the form of the Issuer's Common Stock. (F2) Common Stock issued to the Reporting Person in lieu of salary earned less applicable withholding taxes and amounts required to be paid to the Reporting Person in cash pursuant to applicable law. The total number of shares of the Issuer's Common Stock issued to the Reporting Person was calculated by determining for each bi-weekly payroll period, the salary earned by the Reporting Person during the applicable bi-weekly payroll period, subtracting withholding taxes and amounts required to be paid to the Reporting Person in cash pursuant to applicable law, dividing the remainder by the closing price on December 30, 2022, and summing the number of shares of the Issuer's Common Stock from all pay periods. |