SEC Form 4 · accession 0001140361-17-009797
IMMERSION CORP · IMMR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Anne Marie Peters
Officer — GC,SVP,IP Licensing&LegalAffrs
Period of report
Feb 24, 2017
Accepted (ET)
Feb 28, 2017 · 7:43 pm EST
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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 24, 2017 | M | 3,333 | $0.00 | A | 56,505 | D | |
| Common Stock | Feb 24, 2017 | S | 11 | $11.2744 | D | 56,494 | D | |
| Common Stock | Feb 24, 2017 | S | 1,473 | $11.35 | D | 55,021 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F4 | $0.00 | Feb 24, 2017 | M | 3,333 | D | — | — | Common Stock | 3,333 | 0 | D |
Explanation of responses
- F1Vesting of restricted stock units ("RSUs") granted to the Reporting Person on February 24, 2014.
- F2The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan to cover required taxes resulting from the vesting of the RSUs.
- F3Each RSU represents a contingent right to receive one share of the issuer's common stock.
- F4100% of the RSUs vested on February 24, 2017.