Smith Jared 4
4 · IMMERSION CORP · Filed Jun 7, 2021
Insider Transaction Report
Form 4
IMMERSION CORPIMMR
Smith Jared
See Remarks
Transactions
- Exercise/Conversion
Common Stock
2021-06-03+26,667→ 52,701 total - Exercise/Conversion
Restricted Stock Units
2021-06-03−26,667→ 26,666 total→ Common Stock (26,667 underlying) - Tax Payment
Common Stock
2021-06-04$8.64/sh−9,322$80,542→ 43,379 total
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 July 15, 2019, the Reporting Person was granted 80,000 RSUs, 1/3 of which vested on June 3, 2020, 1/3 of which vested on June 3, 2021, and an additional 1/3 of which will vest on June 3, 2022, subject to Reporting Person's continued service through each such date.