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Filing Details

Accession Number:: 0001193805-20-001604
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-12-22 17:44:04
Reporting Period:: 2020-12-18

Accepted Time:: 2020-12-22 17:44:04
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
1205885	C William Martin	C/O Raging Capital Management, Llc Ten Princeton Avenue, P.o. Box 228 Rocky Hill NJ 08553-0228		Yes	No	Yes	No
1444376	Raging Capital Management, Llc	Ten Princeton Avenue Po Box 228 Rocky Hill NJ 08553-0228		No	No	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, $0.001 Par Value	Disposition	2020-12-18	50,124	$9.15	3,902,582	No	4	S	Indirect	By Raging Capital Master Fund, Ltd.
Common Stock, $0.001 Par Value	Disposition	2020-12-21	116,295	$9.21	3,786,287	No	4	S	Indirect	By Raging Capital Master Fund, Ltd.

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	By Raging Capital Master Fund, Ltd.
No	4	S	Indirect	By Raging Capital Master Fund, Ltd.

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock, $0.001 Par Value	32,030	Direct

Footnotes

This Form 4 is filed jointly by Raging Capital Management, LLC ("Raging Capital") and William C. Martin (collectively, the "Reporting Persons"). Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively owns more than 10% of the Issuer's outstanding shares of Common Stock. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein.
The sale reported in this Form 4 was made pursuant to a Rule 10b5-1 plan adopted by the Reporting Persons on September 11, 2020.
Represents securities held directly by Raging Capital Master Fund, Ltd. ("Raging Master"). Raging Capital is the Investment Manager of Raging Master. William C. Martin is the Chairman, Chief Investment Officer and Managing Member of Raging Capital. Raging Master has delegated to Raging Capital the sole authority to vote and dispose of the securities held by Raging Master pursuant to an Investment Management Agreement, dated November 9, 2012, as amended and restated on December 21, 2016 (the "IMA").
The IMA may be terminated by any party thereto effective at the close of business on the last day of any fiscal quarter by giving the other party not less than sixty-one days' written notice. As a result, each of Raging Capital and William C. Martin may be deemed to beneficially own the securities held by Raging Master. Raging Master specifically disclaims beneficial ownership of the securities held by it by virtue of its inability to vote or dispose of such securities as a result of the IMA.