Norris Paul F 4
4 · IMMERSION CORP · Filed Mar 12, 2013
Insider Transaction Report
Form 4
IMMERSION CORPIMMR
Norris Paul F
Chief Financial Officer
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2013-03-08+40,000→ 40,000 totalExercise: $9.53Exp: 2020-03-08→ Common Stock (40,000 underlying) - Award
Restricted Stock Units
2013-03-08+10,000→ 10,000 totalExercise: $0.00→ Common Stock (10,000 underlying)
Footnotes (2)
- [F1]25% of the shares subject to the option will vest and become exercisable on March 8, 2014, then 2.0833% of the shares will vest and become exercisable monthly thereafter until 100% vested.
- [F2]1/3 of the restricted stock units ("RSUs") will vest on March 8, 2014 ("Vest Date"), then an additional 1/3 of the RSUs will vest on each one year anniversary of the Vest Date thereafter. Each RSU represents a contingent right to receive one share of the Issuer's common stock.