4//SEC Filing
LAVALLE JOSEPH 4
Accession 0001140361-12-019012
CIK 0001058811other
Filed
Apr 2, 8:00 PM ET
Accepted
Apr 3, 8:37 PM ET
Size
9.4 KB
Accession
0001140361-12-019012
Insider Transaction Report
Form 4
IMMERSION CORPIMMR
LAVALLE JOSEPH
VP, Sales
Transactions
- Exercise/Conversion
Restricted Stock Units
2012-04-01−5,667→ 5,666 totalExercise: $0.00→ Common Stock (5,667 underlying) - Tax Payment
Common Stock
2012-04-03$5.39/sh−2,127$11,465→ 8,360 total - Exercise/Conversion
Common Stock
2012-04-01+5,667→ 10,487 total
Footnotes (4)
- [F1]Vesting of restricted stock units ("RSUs") granted to the Reporting Person on April 1, 2010.
- [F2]The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan, and is an exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of RSUs. The Reporting Person did not sell or otherwise dispose of any of the shares reported on this Form 4 for any reason other than to cover required taxes.
- [F3]Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.
- [F4]The RSU grant vested as to one-third (1/3) of the total number of units on each one year anniversary of the grant commencing on April 1, 2011.
Documents
Issuer
IMMERSION CORP
CIK 0001058811
Entity typeother
Related Parties
1- filerCIK 0001287543
Filing Metadata
- Form type
- 4
- Filed
- Apr 2, 8:00 PM ET
- Accepted
- Apr 3, 8:37 PM ET
- Size
- 9.4 KB