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