SEC Form 4 · accession 0001140361-17-010943
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
Mar 3, 2017
Accepted (ET)
Mar 7, 2017 · 6:46 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 | Mar 3, 2017 | M | 2,333 | $0.00 | A | 58,778 | D | |
| Common Stock | Mar 6, 2017 | S | 7 | $8.08 | D | 58,771 | D | |
| Common Stock | Mar 6, 2017 | S | 866 | $8.47 | D | 57,905 | 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 | Mar 3, 2017 | M | 2,333 | D | — | — | Common Stock | 2,333 | 2,333 | D |
Explanation of responses
- F1Vesting of restricted stock units ("RSUs") granted to the Reporting Person on March 3, 2015.
- 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.
- F41/2 of the RSUs vested on March 3, 2017, then the remaining 1/2 of the RSUs will vest on March 3, 2018. Each RSU represents a contingent right to receive one share of the Issuer's common stock.