Okada Michael Rudolf 4
4 · IMMERSION CORP · Filed Mar 11, 2021
Insider Transaction Report
Form 4
IMMERSION CORPIMMR
Okada Michael Rudolf
See Remarks
Transactions
- Exercise/Conversion
Common Stock
2021-03-09+18,354→ 30,463 total - Sale
Common Stock
2021-03-09$10.50/sh−2,000$21,000→ 28,463 total - Tax Payment
Common Stock
2021-03-10$10.37/sh−6,646$68,919→ 21,817 total - Exercise/Conversion
Restricted Stock Units
2021-03-09−18,354→ 36,708 total→ Common Stock (18,354 underlying)
Footnotes (3)
- [F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
- [F2]Represents the number of shares automatically sold, on a non-discretionary basis, to cover tax withholding obligation in connection with the vesting of the RSUs.
- [F3]On March 9, 2020, the Reporting Person was granted 55,062 RSUs, 1/3 of which vested on March 9, 2021, and an additional 1/3 of the RSUs will vest annually thereafter, subject to Reporting Person's continued service through each date.