IMMERSION CORP 4
4 · IMMERSION CORP · Filed Mar 3, 2016
Insider Transaction Report
Form 4
IMMERSION CORPIMMR
Sundaram Mahesh
VP, Worldwide OEM Sales
Transactions
- Award
Restricted Stock Units
2016-03-01+7,500→ 7,500 totalExercise: $0.00→ Common Stock (7,500 underlying) - Award
Non-Qualified Stock Option (right to buy)
2016-03-01+35,000→ 35,000 totalExercise: $9.00Exp: 2023-03-01→ Common Stock (35,000 underlying)
Footnotes (2)
- [F1]25% of the shares vest and become exercisable on March 1, 2017; then 2.0833% of the shares vest and become exercisable monthly thereafter until 100% vested.
- [F2]1/3 of the restricted stock units ("RSUs") will vest on March 1, 2017 ("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.