Form 4 for IMMR IMMERSION CORP

Accepted 2023-02-14 00:00:00 ET · period of report 2023-02-10 · accession 0001628280-23-003509 · 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	2023-02-14	2023-02-10	IMMR	Akerman Aaron	CFO	M - OptEx	—	+1,875	46.3K	+4%	—
D	2023-02-14	2023-02-13	IMMR	Akerman Aaron	CFO	S - Sale+OE	$7.08	-966	45.3K	-2%	-$6,839
D	2023-02-14	2023-02-10	IMMR	Akerman Aaron	CFO	M - OptEx	—	0	13.1K	New	—

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	2023-02-10	M	A	1,875	—	46,267	D	—	—	(F1) Restricted stock units convert into common stock on a one-for-one basis.
2	Common	Common Stock	2023-02-13	S	D	966	$7.08	45,301	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	2023-02-10	M	D	0	$0.00	13,125	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.