Smith Jared 4

4 · IMMERSION CORP · Filed Mar 17, 2021

Form 4

Period: 2021-03-15

See Remarks

Transactions

Sale
Common Stock
2021-03-17$10.13/sh−2,750$27,858→ 26,034 total
Sale
Common Stock
2021-03-15$10.82/sh−33,500$362,547→ 28,784 total
Exercise/Conversion
Common Stock
2021-03-15$7.46/sh+30,000$223,800→ 62,284 total
Exercise/Conversion
Non-Qualified Stock Option (Right to Buy)
2021-03-15−30,000→ 120,000 total
Exercise: $7.46Exp: 2026-07-15→ Common Stock (30,000 underlying)

Footnotes (3)

[F1]The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 14, 2020.
[F2]This transaction was executed in multiple trades at prices ranging from $10.60 to $11.08. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
[F3]25% of the shares vested and became exercisable on June 3, 2020. Thereafter, 2.0833% of the shares vest and become exercisable on each monthly anniversary of that date until 100% vested on June 3, 2023, subject to Reporting Person's continued service through each vesting date.

Documents

1 file