SEC Form 4 · accession 0001567619-19-005634
IMMERSION CORP · IMMR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Nancy Erba
Officer — Chief Financial Officer
Period of report
Feb 26, 2019
Accepted (ET)
Feb 28, 2019 · 5:20 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 | Feb 26, 2019 | M | 56,946 | $0.00 | D | 60,647 | D | |
| Common Stock | Feb 27, 2019 | S | 23,740 | $8.2064 | D | 36,907 | 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 | Feb 26, 2019 | M | 56,946 | D | — | — | Common Stock | 56,946 | 0 | D |
Explanation of responses
- F1Vesting of restricted stock units ("RSUs") granted to the Reporting Person on February 26, 2018.
- 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.
- F3100% of the RSUs vested on February 26, 2019. Each RSU represents a contingent right to receive one share of the Issuer's common stock.