Vachon G Craig 4
4 · IMMERSION CORP · Filed Mar 16, 2011
Insider Transaction Report
Form 4
IMMERSION CORPIMMR
Vachon G Craig
SVP & GM, Touch
Transactions
- Award
Common Stock
2011-03-14+12,500→ 42,918 total - Award
Non-Qualified Stock Option (Right to Buy)
2011-03-14+25,000→ 25,000 totalExercise: $6.61Exp: 2021-03-14→ Common Stock (25,000 underlying)
Footnotes (3)
- [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]Includes 752 shares acquired under the Immersion Employee Stock Purchase Plan on January 31, 2011.
- [F3]The stock option grant vests as to 25% of the total number of shares on March 14, 2012, and 2.083% on each monthly anniversary thereafter.