Filing Details
- Accession Number:
- 0001214659-21-003250
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-03-17 19:01:57
- Reporting Period:
- 2021-03-15
- Accepted Time:
- 2021-03-17 19:01:57
- 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 |
|---|---|---|---|---|---|---|---|
| 1778386 | Jared Smith | C/O Immersion Corporation 330 Townsend Street Suite 234 San Francisco CA 94107 | Interim Ceo/Vp Worldwide Sales | 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 | 2021-03-15 | 30,000 | $7.46 | 62,284 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2021-03-15 | 33,500 | $10.82 | 28,784 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2021-03-17 | 2,750 | $10.13 | 26,034 | 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 | 2021-03-15 | 30,000 | $0.00 | 30,000 | $7.46 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 120,000 | 2026-07-15 | No | 4 | M | Direct |
Footnotes
- The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 14, 2020.
- This transaction was executed in multiple trades at prices ranging from $10.60 to $11.08. 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.
- 25% of the shares vested and became exercisable on June 3, 2020. Thereafter, 2.0833% of the shares vest and become exercisable on each monthly anniversary of that date until 100% vested on June 3, 2023, subject to Reporting Person's continued service through each vesting date.
Billionaire Hedge Funds
