IMMERSION CORP 4
4 · IMMERSION CORP · Filed Mar 3, 2017
Insider Transaction Report
Form 4
IMMERSION CORPIMMR
Sundaram Mahesh
VP, Worldwide OEM Sales
Transactions
- Exercise/Conversion
Common Stock
2017-03-01−2,500→ 2,500 total - Sale
Common Stock
2017-03-02$10.96/sh−1,105$12,111→ 1,381 total - Sale
Common Stock
2017-03-02$10.99/sh−14$154→ 2,486 total - Exercise/Conversion
Restricted Stock Units
2017-03-01−2,500→ 5,000 totalExercise: $0.00→ Common Stock (2,500 underlying)
Footnotes (3)
- [F1]Vesting of restricted stock units ("RSUs") granted to the Reporting Person on March 1, 2016.
- [F2]The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan to cover required taxes resulting from the vesting of the RSUs.
- [F3]1/3 of the RSUs vested 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.