Smith Jared 4
4 · IMMERSION CORP · Filed Jul 17, 2019
Insider Transaction Report
Form 4
IMMERSION CORPIMMR
Smith Jared
See Remarks
Transactions
- Award
Restricted Stock Units
2019-07-15+80,000→ 80,000 totalExercise: $0.00→ Common Stock (80,000 underlying) - Award
Non-Qualified Stock Option (Right to Buy)
2019-07-15+150,000→ 150,000 totalExercise: $7.46Exp: 2026-07-15→ Common Stock (150,000 underlying)
Footnotes (2)
- [F1]25% of the shares will vest and become exercisable on June 3, 2020. Thereafter, 2.0833% of the shares will 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.
- [F2]1/3 of the RSUs will vest on June 3, 2020 and on each following anniversary until fully vested on June 3, 2022. Each RSU represents a contingent right to receive one share of Issuer's common stock.