Akerman Aaron 4
4 · IMMERSION CORP · Filed Jan 18, 2023
Insider Transaction Report
Form 4
IMMERSION CORPIMMR
Akerman Aaron
See Remarks
Transactions
- Exercise/Conversion
Common Stock
2023-01-13+23,333→ 56,504 total - Exercise/Conversion
Restricted Stock Units
2023-01-13−23,333→ 23,333 total→ Common Stock (23,333 underlying) - Sale
Common Stock
2023-01-18$7.51/sh−12,112$90,961→ 44,392 total
Footnotes (3)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [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 January 13, 2020, the Reporting Person was granted 70,000 RSUs, 1/3 of which vested on January 13, 2021, and an additional 1/3 of the RSUs will vest annually thereafter, subject to the Reporting Person's continued service through each such vesting date.