SEC Form 4 · accession 0001140361-17-024077
IMMERSION CORP · IMMR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mahesh Sundaram
Officer — VP, Worldwide OEM Sales
Period of report
Jun 2, 2017
Accepted (ET)
Jun 6, 2017 · 6:24 pm EDT
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | $0.00 | Jun 2, 2017 | A | 50,000 | A | — | — | Common Stock | 50,000 | 50,000 | D |
Explanation of responses
- F11/4 of the restricted stock units ("RSUs") will vest on March 7, 2018 ("Vest Date"), then an additional 1/4 of the RSUs will vest on each one year anniversary of the Vest Date thereafter, subject to continued service through each vesting date. Each RSU represents a contingent right to receive one share of the Issuer's common stock.