Filing Details

Accession Number:
0001214659-21-001997
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-02-16 17:35:47
Reporting Period:
2021-02-11
Accepted Time:
2021-02-16 17:35:47
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1058811 Immersion Corp IMMR Computer Peripheral Equipment, Nec (3577) 943180138
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1779492 Rudolf Michael Okada C/O Immersion Corporation
330 Townsend Street Suite 234
San Francisco CA 94107
General Counsel No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2021-02-11 3,417 $7.46 15,272 No 4 M Direct
Common Stock Disposition 2021-02-11 2,400 $15.31 12,872 No 4 S Direct
Common Stock Disposition 2021-02-16 763 $15.16 12,109 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Non-Qualified Stock Option (Right to Buy) Disposition 2021-02-11 3,417 $0.00 3,417 $7.46
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
95,667 2026-07-15 No 4 M Direct
Footnotes
  1. 2,000 shares were purchased on January 31st, 2021 at a price of $5.7375 per share under the Issuer's Employee Stock Purchase Plan.
  2. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 11, 2020.
  3. This transaction was executed in multiple trades at prices ranging from $15.18 to $15.46. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
  4. 25% of the shares subject to the option vested and became exercisable on June 10, 2020. Thereafter, 2.0833% of the shares subject to the option vest and become exercisable on each monthly anniversary of that date until 100% vested on June 10, 2023, subject to Reporting Person's continued service through each vesting date.