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Filing Details

Accession Number:: 0001214659-20-010808
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-12-30 18:00:16
Reporting Period:: 2020-12-28

Accepted Time:: 2020-12-30 18:00:16
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	Director	Officer	Large Shareholder	Other
1443284	Eric Singer	C/O Immersion Corporation 330 Townsend Street Suite 234 San Francisco CA 94107	No	No	No	No
1606750	Viex Opportunities Fund, Lp Series One	C/O Immersion Corporation 330 Townsend Street Suite 234 San Francisco CA 94107	No	No	No	No
1619125	Viex Capital Advisors, Llc	C/O Immersion Corporation 330 Townsend Street Suite 234 San Francisco CA 94107	No	No	No	No
1619127	Viex Special Opportunities Fund Ii, Lp	C/O Immersion Corporation 330 Townsend Street Suite 234 San Francisco CA 94107	No	No	No	No
1654852	Viex Gp, Llc	C/O Immersion Corporation 330 Townsend Street Suite 234 San Francisco CA 94107	No	No	No	No
1658891	Viex Special Opportunities Gp Ii, Llc	C/O Immersion Corporation 330 Townsend Street Suite 234 San Francisco CA 94107	No	No	No	No

Reported Non-Derivative Transactions

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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	2020-12-28	937,549	$9.73	963,540	No	4	S	Indirect	By VIEX Special Opportunities Fund II, LP
Common Stock, $0.001 Par Value	Disposition	2020-12-29	66,560	$10.72	896,980	No	4	S	Indirect	By VIEX Special Opportunities Fund II, LP
Common Stock, $0.001 Par Value	Disposition	2020-12-28	508,451	$9.73	523,546	No	4	S	Indirect	By VIEX Opportunities Fund, LP - Series One
Common Stock, $0.001 Par Value	Disposition	2020-12-29	37,440	$10.72	486,106	No	4	S	Indirect	By VIEX Opportunities Fund, LP - Series One

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	By VIEX Special Opportunities Fund II, LP
No	4	S	Indirect	By VIEX Special Opportunities Fund II, LP
No	4	S	Indirect	By VIEX Opportunities Fund, LP - Series One
No	4	S	Indirect	By VIEX Opportunities Fund, LP - Series One

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock, $0.001 Par Value	22,763	Direct

Footnotes

Includes 18,543 Shares underlying unvested restricted stock granted to Eric Singer in connection with his service on Immersion Corporation's (the "Issuer") board of directors.
This Form 4 is filed jointly by VIEX Opportunities Fund, LP - Series One ("Series One"), a series of VIEX Opportunities Fund, LP, VIEX Special Opportunities Fund II, LP ("VSO II"), VIEX GP, LLC ("VIEX GP"), VIEX Special Opportunities GP II, LLC ("VSO GP II"), VIEX Capital Advisors, LLC ("VIEX Capital"), and Eric Singer (collectively, the "Reporting Persons").
Securities of the Issuer beneficially owned directly by VSO II. VSO GP II, as the general partner of VSO II, may be deemed the beneficial owner of the securities of the Issuer beneficially owned by VSO II. VIEX Capital, as the investment manager of VSO II, may be deemed the beneficial owner of the securities of the Issuer beneficially owned by VSO II. Mr. Singer, as the managing member of each of VSO GP II and VIEX Capital, may be deemed the beneficial owner of the securities of the Issuer beneficially owned by VSO II.
Securities of the Issuer beneficially owned directly by Series One. VIEX GP, as the general partner of Series One, may be deemed the beneficial owner of the securities of the Issuer beneficially owned by Series One. VIEX Capital, as the investment manager of Series One, may be deemed the beneficial owner of the securities of the Issuer beneficially owned by Series One. Mr. Singer, as the managing member of each of VIEX GP and VIEX Capital, may be deemed the beneficial owner of the securities of the Issuer beneficially owned by Series One.
The sales reported herein by the Reporting Persons were made pursuant to the previously disclosed Securities Sales Plan Agreement (the "2020 Sales Plan Agreement") entered into with Virtu Americas LLC for the purpose of establishing a trading plan to effect sales of Shares in compliance with all applicable laws, including, without limitation, Section 10(b) of the Exchange Act, and the rules and regulations promulgated thereunder, including, but not limited to, Rule 10b5-1. All of the Shares contemplated to be sold thereunder have been sold and the 2020 Sales Plan Agreement has now terminated.
The price reported is a weighted average price. These Shares were sold in multiple transactions at prices ranging from $9.5000 to $10.3000 per Share. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares sold at each separate price within the range set forth in this footnote 6.
The price reported is a weighted average price. These Shares were sold in multiple transactions at prices ranging from $10.5100 to $10.8600 per Share. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares sold at each separate price within the range set forth in this footnote 7.
Each Reporting Person disclaims beneficial ownership of the securities of the Issuer reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.