SEC Form 4 · accession 0001140361-18-010882
IMMERSION CORP · IMMR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nancy Erba
Officer — Chief Financial Officer
Period of report
Feb 26, 2018
Accepted (ET)
Feb 28, 2018 · 5:38 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 | $11.84 | Feb 26, 2018 | A | 80,000 | A | — | Feb 26, 2025 | Common Stock | 80,000 | 80,000 | D |
| Restricted Stock UnitsF2 | $0.00 | Feb 26, 2018 | A | 56,946 | A | — | — | Common Stock | 56,946 | 56,946 | D |
Explanation of responses
- F125% of the shares will vest and become exercisable on February 26, 2019; then 2.0833% of the shares will vest and become exercisable monthly thereafter until 100% vested, subject to continued service through each vesting date.
- F2100% of the restricted stock units ("RSUs") will vest on February 26, 2019, subject to continued service through such vesting date. Each RSU represents a contingent right to receive one share of the Issuer's common stock.