Filing Details

Accession Number:
0000921895-21-000731
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-03-12 19:57:06
Reporting Period:
2021-03-12
Accepted Time:
2021-03-12 19:57:06
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
1443284 Eric Singer C/O Immersion Corporation
330 Townsend Street Suite 234
San Francisco CA 94107
Yes No No No
1619125 Viex Capital Advisors, Llc C/O Immersion Corporation
330 Townsend Street Suite 234
San Francisco CA 94107
No No No Yes
1619127 Viex Special Opportunities Fund Ii, Lp C/O Immersion Corporation
330 Townsend Street Suite 234
San Francisco CA 94107
No No No Yes
1658891 Viex Special Opportunities Gp Ii, Llc C/O Immersion Corporation
330 Townsend Street Suite 234
San Francisco CA 94107
No No No Yes
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, $0.001 Par Value Disposition 2021-03-12 100,000 $10.69 498,879 No 4 S Indirect By VIEX Special Opportunities Fund II, LP
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By VIEX Special Opportunities Fund II, LP
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock, $0.001 Par Value 22,763 Direct
Footnotes
  1. Includes 18,543 Shares underlying unvested restricted stock granted to Eric Singer in connection with his service on Immersion Corporation's (the "Issuer") board of directors.
  2. This Form 4 is filed jointly by VIEX Special Opportunities Fund II, LP ("VSO II"), VIEX Special Opportunities GP II, LLC ("VSO GP II"), VIEX Capital Advisors, LLC ("VIEX Capital"), and Eric Singer (collectively, the "Reporting Persons").
  3. Securities of the Issuer beneficially owned directly by VSO II. VSO GP II, as the general partner of VSO II, may be deemed the beneficial owner of the securities of the Issuer beneficially owned by VSO II. VIEX Capital, as the investment manager of VSO II, may be deemed the beneficial owner of the securities of the Issuer beneficially owned by VSO II. Mr. Singer, as the managing member of each of VSO GP II and VIEX Capital, may be deemed the beneficial owner of the securities of the Issuer beneficially owned by VSO II.
  4. The price reported is a weighted average price. These Shares were sold in multiple transactions at prices ranging from $10.5400 to $10.8100 per Share. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares sold at each separate price within the range set forth in this footnote 4.
  5. Each Reporting Person disclaims beneficial ownership of the securities of the Issuer reported herein except to the extent of his or its pecuniary interesttherein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.