0001213900-24-058712.txt : 20240702
0001213900-24-058712.hdr.sgml : 20240702
20240702181138
ACCESSION NUMBER: 0001213900-24-058712
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240628
FILED AS OF DATE: 20240702
DATE AS OF CHANGE: 20240702
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: MARTIN WILLIAM C
CENTRAL INDEX KEY: 0001205885
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38334
FILM NUMBER: 241097516
MAIL ADDRESS:
STREET 1: C/O RAGING CAPITAL MANAGEMENT, LLC
STREET 2: TEN PRINCETON AVENUE, PO BOX 228
CITY: ROCKY HILL
STATE: NJ
ZIP: 08553
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: IMMERSION CORP
CENTRAL INDEX KEY: 0001058811
STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER PERIPHERAL EQUIPMENT, NEC [3577]
ORGANIZATION NAME: 06 Technology
IRS NUMBER: 943180138
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 2999 N. E. 191ST STREET
STREET 2: SUITE 610
CITY: AVENTURA
STATE: FL
ZIP: 33180
BUSINESS PHONE: 408-467-1900
MAIL ADDRESS:
STREET 1: 2999 N. E. 191ST STREET
STREET 2: SUITE 610
CITY: AVENTURA
STATE: FL
ZIP: 33180
FORMER COMPANY:
FORMER CONFORMED NAME: IMMERSION HUMAN INTERFACE CORP
DATE OF NAME CHANGE: 19980602
4
1
marketforms-66467.xml
PRIMARY DOCUMENT
X0508
4
2024-06-28
0001058811
IMMERSION CORP
IMMR
0001205885
MARTIN WILLIAM C
C/O IMMERSION CORPORATION
2999 N. E. 191ST STREET, SUITE 610
AVENTURA
FL
33180
true
true
false
false
Chief Strategy Officer
0
Common Stock
2024-06-28
4
A
false
53678
0
A
1079067
D
Common Stock
2024-07-01
4
F
false
11400
9.46
D
1067667
D
Common Stock
2024-07-01
4
M
false
100000
0
A
1167667
D
Common Stock
2024-07-01
4
F
false
45600
9.46
D
1122067
D
Common Stock
2024-07-01
4
A
false
150000
0
A
1272067
D
Performance-based Restricted Stock Units
2024-07-01
4
M
false
100000
0
D
2027-01-01
Common Stock
100000
100000
D
Common stock issued to the Reporting Person in lieu of salary earned during the three months ended June 30, 2024 less applicable withholding taxes and amounts required to be paid to the Reporting Person in cash pursuant to applicable law. The total number of shares of the Issuer's common stock issued to the Reporting Person was calculated by determining the salary earned by the Reporting Person during the three months ended June 30, 2024, subtracting applicable withholding taxes and amounts required to be paid to the Reporting Person in cash pursuant to applicable law, and dividing the remainder by the closing price on June 28, 2024.
Represents shares withheld to satisfy the tax withholding obligations upon restricted stock units vesting.
Grant of 300,000 Performance-Based Restricted Stock Units, each of which represents a contingent right to receive one share of the Issuer's common stock, with vesting subject to: (a) the achievement of specified levels of the volume weighted average closing prices of the Issuer's common stock during any one hundred (100) day-period between January 1, 2022 and January 1, 2027; and (b) continued employment with the Issuer through the later of each achievement date or service vesting date, which occurs over a three (3) year-period commencing on January 1, 2022.
Represents shares withheld to satisfy the tax withholding obligations upon Performance-Based Restricted Stock Units vesting.
Represents the grant of 150,000 restricted stock units, 100% of which will vest on the one-year anniversary of July 1, 2024, the effective grant date, or July 1, 2025, subject to the Reporting Person's continued employment with the Issuer. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
/s/ William C. Martin
2024-07-02