SEC Form 4 · accession 0001140361-18-012853
IMMERSION CORP · IMMR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Anne Marie Peters
Officer — GC&VP,IP Licensing&LegalAffrs
Period of report
Mar 7, 2018
Accepted (ET)
Mar 9, 2018 · 4:49 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 7, 2018 | M | 12,500 | $0.00 | A | 67,545 | D | |
| Common Stock | Mar 8, 2018 | S | 4,363 | $11.87 | D | 63,182 | D | |
| Common Stock | Mar 8, 2018 | S | 72 | $12.123 | D | 63,110 | 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 | $0.00 | Mar 7, 2018 | M | 12,500 | D | — | — | Common Stock | 12,500 | 37,500 | D |
Explanation of responses
- F1Vesting of restricted stock units ("RSUs") granted to the Reporting Person on June 2, 2017.
- 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.
- F31/4 of the RSUs vested 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.