SEC Form 4 · accession 0001140361-15-038978

IMMERSION CORP · IMMR

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — VP, Worldwide OEM Sales

Period of report

Oct 27, 2015

Accepted (ET)

Oct 29, 2015 · 5:59 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001058811

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Common Stock	Oct 27, 2015	M	16,667	$0.00	A	16,667	D
Common Stock	Oct 28, 2015	F	6,324	$11.03	D	10,343	D
Common Stock	Oct 28, 2015	F	14	$11.0101	D	10,329	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F3	$0.00	Oct 27, 2015	M	16,667	D	—	—	Common Stock	16,667	33,333	D

F1Vesting of restricted stock units ("RSUs") granted to the Reporting Person on November 14, 2014.
F2Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of RSUs. The Reporting Person did not sell or otherwise dispose of any of the shares reported on this Form 4 for any reason other than to cover required taxes.
F31/3 of the RSUs vested on October 27, 2015 ("Vest Date"), then an additional 1/3 of the RSUs will vest on each one year anniversary of the Vest Date thereafter. Each RSU represents a contingent right to receive one share of the Issuer's common stock.