4/A//SEC Filing
Agarwal Sumit 4/A
Accession 0001214659-21-006081
CIK 0001058811other
Filed
May 27, 8:00 PM ET
Accepted
May 28, 8:00 PM ET
Size
6.3 KB
Accession
0001214659-21-006081
Insider Transaction Report
Form 4/AAmended
IMMERSION CORPIMMR
Agarwal Sumit
Director
Transactions
- Other
Common Stock
2021-05-13+0→ 45,466 total
Footnotes (2)
- [F1]This amendment is being filed solely to reverse the previously reported grant of restricted stock to the reporting person on the original form 4 filed on May 17, 2021, as amended on May 18, 2021 (the "Original Form 4"). The Original Form 4 reported the grant of 17,313 restricted shares, which grant was approved by the Immersion Board of Directors on May 13, 2021. Such grant was intended to be made under the Company's 2011 Equity Incentive Plan (the "Plan"). However, the Plan had expired at the time such grant was approved; and therefore, such grant could not be made. On May 19, 2021, following the filing of the Original Form 4 but before any restricted shares purportedly granted actually were issued to the reporting person, the Company identified the termination of the Plan and therefore did not issue the restricted shares to the reporting person. As a result, the grant was not effective under the issuer's grant procedures.
- [F2]Continued from footnote 1: The Immersion Board of Director has rescinded the prior approval of such grant and has confirmed that the reporting person had no right to the restricted shares previously reported on the Original Form 4.
Documents
Issuer
IMMERSION CORP
CIK 0001058811
Entity typeother
Related Parties
1- filerCIK 0001779870
Filing Metadata
- Form type
- 4/A
- Filed
- May 27, 8:00 PM ET
- Accepted
- May 28, 8:00 PM ET
- Size
- 6.3 KB