Haidamus Ramzi 4
4 · IMMERSION CORP · Filed Apr 23, 2020
Insider Transaction Report
Form 4
IMMERSION CORPIMMR
Haidamus Ramzi
DirectorPresident and CEO
Transactions
- Sale
Common Stock
2020-04-21$6.03/sh−7,611$45,894→ 57,603 total - Exercise/Conversion
Common Stock
2020-04-21+17,610→ 65,214 total - Exercise/Conversion
Restricted Stock Units
2020-04-21+17,610→ 193,711 total→ Common Stock (17,610 underlying)
Footnotes (3)
- [F1]Each Restricted Stock Unit 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 restricted stock units.
- [F3]On February 14, 2019, Reporting Person was granted 281,762 restricted stock units ("RSUs"), 1/4 of the RSUs vesting on January 21, 2020 ("Vest Date"), and an additional 1/16 of the RSUs vesting on each quarterly anniversary of the Vest Date thereafter, subject to Reporting Person's continued service through each such vesting date.