MARTIN WILLIAM C 4
4 · IMMERSION CORP · Filed Aug 7, 2024
Insider Transaction Report
Form 4
IMMERSION CORPIMMR
MARTIN WILLIAM C
DirectorChief Strategy Officer
Transactions
- Exercise/Conversion
Performance-based Restricted Stock Units
2024-08-06−100,000→ 0 totalExp: 2027-01-01→ Common Stock (100,000 underlying) - Tax Payment
Common Stock
2024-08-07$10.23/sh−22,802$233,264→ 1,349,265 total - Exercise/Conversion
Common Stock
2024-08-06+100,000→ 1,372,067 total
Footnotes (2)
- [F1]Grant of 300,000 Performance-Based Restricted Stock Units, each of which represents a contingent right to receive one share of the Issuer's common stock, with vesting subject to: (a) the achievement of specified levels of the volume weighted average closing prices of the Issuer's common stock during any one hundred (100) day-period between January 1, 2022 and January 1, 2027; and (b) continued employment with the Issuer through the later of each achievement date or service vesting date, which occurs over a three (3) year-period commencing on January 1, 2022.
- [F2]Represents shares withheld to satisfy the tax withholding obligations upon Performance-Based Restricted Stock Units vesting.