SEC Form 4 · accession 0001140361-15-010568
IMMERSION CORP · IMMR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Victor Viegas
Officer — CEO · Director
Period of report
Mar 3, 2015
Accepted (ET)
Mar 5, 2015 · 6:19 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001058811
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F1 | $8.09 | Mar 3, 2015 | A | 150,000 | A | — | Mar 3, 2022 | Common Stock | 150,000 | 150,000 | D |
Explanation of responses
- F1The shares subject to the performance option shall vest according to a time vesting schedule with 25% of the shares subject to the option vesting on March 3, 2016 and 2.0833% of the shares subject to the option vesting monthly thereafter, but only if the closing price of a share of the Issuer's common stock as reported on the Nasdaq Global Market is equal to or exceeds $10.52 for 30 consecutive trading days following March 3, 2015 and on or prior to March 3, 2017.