0001628280-22-022684.txt : 20220812
0001628280-22-022684.hdr.sgml : 20220812
20220812161931
ACCESSION NUMBER: 0001628280-22-022684
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220810
FILED AS OF DATE: 20220812
DATE AS OF CHANGE: 20220812
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Akerman Aaron
CENTRAL INDEX KEY: 0001799626
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38334
FILM NUMBER: 221160394
MAIL ADDRESS:
STREET 1: C/O IMMERSION CORPORATION
STREET 2: 50 RIO ROBLES
CITY: SAN JOSE
STATE: CA
ZIP: 95134
ISSUER:
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
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
wf-form4_166033554735057.xml
FORM 4
X0306
4
2022-08-10
0
0001058811
IMMERSION CORP
IMMR
0001799626
Akerman Aaron
C/O IMMERSION CORPORATION
2999 N. E. 191ST STREET, SUITE 610
AVENTURA
FL
33180
0
1
0
0
Chief Financial Officer
Common Stock
2022-08-10
4
M
0
1875
A
33051
D
Common Stock
2022-08-11
4
S
0
882
5.94
D
32169
D
Performance-based Restricted Stock Units
2022-08-10
4
M
0
1875
0
D
2025-11-10
Common Stock
1875.0
16875
D
Restricted stock units convert into common stock on a one-for-one basis.
2,000 shares were purchased on July 31st, 2022 at a price of $4.471 per share under the Issuer's Employee Stock Purchase Plan.
Represents the number of shares automatically sold, on a non-discretionary basis, to cover tax withholding obligation in connection with the vesting of the PSUs.
Grant of 30,000 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 November 10, 2020 and November 10, 2025; and (b) continued employment with the Issuer through the later of each achievement date or service vesting date, which occurs over a four (4) year-period commencing on November 10, 2020.
/s/ Francis Jose, attorney-in-fact for Aaron Akerman
2022-08-12