LAVALLE JOSEPH 4
4 · IMMERSION CORP · Filed Mar 16, 2011
Insider Transaction Report
Form 4
IMMERSION CORPIMMR
LAVALLE JOSEPH
VP, Sales
Transactions
- Award
Common Stock
2011-03-14+8,334→ 25,334 total - Award
Non-Qualified Stock Option (Right to Buy)
2011-03-14+16,666→ 16,666 totalExercise: $6.61Exp: 2021-03-14→ Common Stock (16,666 underlying)
Footnotes (2)
- [F1]Represents restricted stock units, which will vest as to one-third (1/3) of the units on each one year anniversary of the grant commencing March 14, 2012. Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.
- [F2]This stock option grant vests and becomes exercisable as to 25% of the total number of shares on March 14, 2012, and 2.083% of the total number of shares on each monthly anniversary thereafter.