SEC Form 4 · accession 0001140361-18-032823
IMMERSION CORP · IMMR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth H Traub
Director · Other
Period of report
Jul 16, 2018
Accepted (ET)
Jul 18, 2018 · 7:11 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-qualified Stock Option (right to buy)F2,F1 | $15.25 | Jul 16, 2018 | A | 40,000 | A | — | Jul 16, 2025 | Common Stock | 40,000 | 40,000 | D |
Explanation of responses
- F125% of the shares will vest and become exercisable on June 29, 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.
- F2Mr. Traub may be deemed to be a member of a Section 13(d) group that may be deemed to collectively beneficially own more than 10% of the Issuer's outstanding shares of common stock.