IMMERSION CORP 4
4 · IMMERSION CORP · Filed Feb 26, 2014
Insider Transaction Report
Form 4
IMMERSION CORPIMMR
Sheehan Dennis Gerard
SVP, Sales & Mktg
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2014-02-24+15,000→ 15,000 totalExercise: $11.94Exp: 2021-02-24→ Common Stock (15,000 underlying) - Award
Restricted Stock Units
2014-02-24+7,000→ 7,000 totalExercise: $0.00→ Common Stock (7,000 underlying)
Footnotes (2)
- [F1]25% of the shares subject to the option will vest and become exercisable on February 24, 2015; then 2.0833% of the shares subject to the option will vest and become exercisable monthly thereafter until 100% vested.
- [F2]1/3 of the restricted stock units ("RSUs") will vest on February 24, 2015 ("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.