0001193125-11-253329.txt : 20110921 0001193125-11-253329.hdr.sgml : 20110921 20110921164726 ACCESSION NUMBER: 0001193125-11-253329 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110916 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Termination of a Material Definitive Agreement FILED AS OF DATE: 20110921 DATE AS OF CHANGE: 20110921 FILER: COMPANY DATA: COMPANY CONFORMED NAME: IMMERSION CORP CENTRAL INDEX KEY: 0001058811 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER PERIPHERAL EQUIPMENT, NEC [3577] IRS NUMBER: 943180138 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-27969 FILM NUMBER: 111101699 BUSINESS ADDRESS: STREET 1: 801 FOX LANE CITY: SAN JOSE STATE: CA ZIP: 95131 BUSINESS PHONE: 408-467-1900 MAIL ADDRESS: STREET 1: 801 FOX LANE CITY: SAN JOSE STATE: CA ZIP: 95131 FORMER COMPANY: FORMER CONFORMED NAME: IMMERSION HUMAN INTERFACE CORP DATE OF NAME CHANGE: 19980602 8-K 1 d234788d8k.htm FORM 8-K Form 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 16, 2011

 

 

IMMERSION CORPORATION

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   000-27969   94-3180138

(State or other jurisdiction

of incorporation)

  

(Commission

File Number)

  

(IRS Employer

Identification No.)

801 Fox Lane

San Jose, California 95131

(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: (408) 467-1900

Not Applicable

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (See General Instruction A.2 below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

Item 1.01. Entry into a Material Definitive Agreement

On September 19, 2011, Immersion Corporation, a Delaware corporation (the “Company”), entered into an Office Lease with Carr NP Properties, LLC (the “Landlord”), pursuant to which the Company has leased certain premises of approximately 33,000 square feet located at 30 Rio Robles Drive, San Jose, California (the “Premises”) to serve as the Company’s corporate headquarters (the “New Lease”). The term of the New Lease commences upon the later of (i) ninety (90) days after the Landlord delivers the Premises to the Company, and (ii) January 1, 2012 (such later date, the “Commencement Date”), and expires five (5) years after the Commencement Date (the “Term”). The Company has an option to extend the Term for an additional five (5) years.

The New Lease provides for base rent as follows (the Company is not obligated to pay base rent for the initial four months of the Term):

 

Period

    Monthly
Base Rent		  

Fourth month after the Commencement Date through last day of 12th full calendar months of Term

    $ 31,236.95   

13th through 24th full calendar months of Term

    $ 32,174.06   

25th through 36th full calendar months of Term

    $ 33,139.28   

37th through 48th full calendar months of Term

    $ 34,133.46   

49th through 60th full calendar months of Term

    $ 35,157.46   

In addition, the Company is required to deliver a $100,000 security deposit.

Item 1.02. Termination of a Material Definitive Agreement

In connection with the New Lease, on September 16, 2011, the Company entered into a Lease Termination Agreement (the “Lease Termination Agreement”), with Super Micro Computer, Inc. (“Super Micro”), as successor-in-interest to WW&LJ Gateways, Ltd. with respect to its current headquarters.

Pursuant to the Lease Termination Agreement, the Company will be paid $350,000, subject to the Company vacating the premises by December 31, 2011.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  IMMERSION CORPORATION

Date: September 21, 2011

   By:  

/s/ AMIE PETERS

    Name: Amie Peters
    Title: General Counsel and VP, Legal