4//SEC Filing
Akerman Aaron 4
Accession 0001628280-23-003509
CIK 0001058811other
Filed
Feb 13, 7:00 PM ET
Accepted
Feb 14, 4:10 PM ET
Size
8.9 KB
Accession
0001628280-23-003509
Insider Transaction Report
Form 4
IMMERSION CORPIMMR
Akerman Aaron
See Remarks
Transactions
- Exercise/Conversion
Common Stock
2023-02-10+1,875→ 46,267 total - Sale
Common Stock
2023-02-13$7.08/sh−966$6,839→ 45,301 total - Exercise/Conversion
Performance-based Restricted Stock Units
2023-02-10−0→ 13,125 totalExp: 2025-11-10→ Common Stock (1,875 underlying)
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 PSUs.
- [F3]Grant of 30,000 Performance-Based Restricted Stock Units, each of which represents a contingent right to receive one share of the Issuer's common stock, with vesting subject to: (a) the achievement of specified levels of the volume weighted average closing prices of the Issuer's common stock during any one hundred (100) day-period between November 10, 2020 and November 10, 2025; and (b) continued employment with the Issuer through the later of each achievement date or service vesting date, which occurs over a four (4) year-period commencing on November 10, 2020.
Documents
Issuer
IMMERSION CORP
CIK 0001058811
Entity typeother
Related Parties
1- filerCIK 0001799626
Filing Metadata
- Form type
- 4
- Filed
- Feb 13, 7:00 PM ET
- Accepted
- Feb 14, 4:10 PM ET
- Size
- 8.9 KB