SEC Form 4 · accession 0001567619-19-005635
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
Feb 26, 2019
Accepted (ET)
Feb 28, 2019 · 5:23 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 | 63,822 | $0.00 | A | 122,932 | D | |
| Common Stock | Feb 26, 2019 | M | 8,334 | $0.00 | A | 131,266 | D | |
| Common Stock | Feb 27, 2019 | S | 25,997 | $8.1946 | D | 105,269 | D | |
| Common Stock | Feb 27, 2019 | S | 3,591 | $8.1809 | D | 101,678 | 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 | 63,822 | D | — | — | Common Stock | 63,822 | 0 | D |
| Restricted Stock UnitsF4 | $0.00 | Feb 26, 2019 | M | 8,334 | D | — | — | Common Stock | 8,334 | 16,666 | 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.
- F41/3 of the RSUs vested on February 26, 2019 ("Vest Date"), then an additional 1/3 of the RSUs will vest on each one year anniversary of the Vest Date thereafter. Each RSU represents a contingent right to receive one share of the Issuer's common stock.