SEC Form 4 · accession 0001567619-18-007280
IMMERSION CORP · IMMR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Sugishita
Director
Period of report
Nov 29, 2018
Accepted (ET)
Dec 3, 2018 · 8:56 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 | Nov 29, 2018 | M | 6,550 | $5.53 | A | 82,136 | D | |
| Common StockF1,F2 | Nov 29, 2018 | S | 35,328 | $9.6202 | D | 46,808 | D | |
| Common Stock | Nov 30, 2018 | M | 1,989 | $5.53 | A | 48,797 | D | |
| Common StockF1,F3 | Nov 30, 2018 | S | 14,245 | $9.5031 | D | 34,552 | D | |
| Common Stock | Dec 3, 2018 | M | 400 | $5.53 | A | 34,952 | D | |
| Common Stock | Dec 3, 2018 | S | 100 | $9.51 | D | 34,852 | D | |
| Common Stock | Dec 3, 2018 | S | 600 | $9.50 | D | 34,252 | D |
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)F4 | $5.53 | Nov 29, 2018 | M | 6,550 | D | — | Jul 14, 2020 | Common Stock | 6,550 | 4,284 | D |
| Non-Qualified Stock Option (right to buy)F4 | $5.53 | Nov 30, 2018 | M | 1,989 | D | — | Jul 14, 2020 | Common Stock | 1,989 | 2,295 | D |
| Non-Qualified Stock Option (right to buy)F4 | $5.53 | Dec 3, 2018 | M | 400 | D | — | Jul 14, 2020 | Common Stock | 400 | 1,895 | D |
Explanation of responses
- F1Represents the aggregate of sales effected on the same day at different prices.
- F2Represents the weighted average sales price per share. The shares sold at prices ranging from $9.60 to $9.71 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
- F3Represents the weighted average sales price per share. The shares sold at prices ranging from $9.50 to $9.61 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
- F425% of the shares vested and became exercisable on June 4, 2011; then 2.0833% of the shares vested and became exercisable monthly thereafter until 100% vested.