Filing Details

Accession Number:
0001140361-15-009135
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-02-26 16:56:46
Reporting Period:
2015-02-24
Filing Date:
2015-02-26
Accepted Time:
2015-02-26 16:56:46
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
1428594 F Paul Norris 30 Rio Robles
San Jose CA 95134
Chief Financial Officer No Yes 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 2015-02-24 3,334 $0.00 5,363 No 4 M Direct
Common Stock Disposition 2015-02-25 1,492 $8.32 3,871 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Disposition 2015-02-24 3,334 $0.00 3,334 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
6,666 No 4 M Direct
Footnotes
  1. Vesting of restricted stock units ("RSUs") granted to the Reporting Person on February 24, 2014.
  2. The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan, and is an exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of RSUs. The Reporting Person did not sell or otherwise dispose of any of the shares reported on this Form 4 for any reason other than to cover required taxes.
  3. Represents the aggregate of sales effected on the same day at different prices.
  4. Represents the weighted average sales price per share. The shares sold at prices ranging from $8.32 to $8.3801 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
  5. 1/3 of the RSUs vest on February 24, 2015 ("Vest Date"), then an additional 1/3 of the RSUs will vest on each one year anniversary of the Vest Date thereafter. Each RSU represents a contingent right to receive one share of the Issuer's common stock.