Filing Details

Accession Number:
0000921895-25-000769
Form Type:
4
Zero Holdings:
No
Publication Time:
2025-03-14 14:14:07
Reporting Period:
2025-03-12
Filing Date:
2025-03-14
Accepted Time:
2025-03-14 14:14:07
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1634117 Barnes & Noble Education Inc. BNED Computer Peripheral Equipment, Nec (3577) DE
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1058811 Immersion Corp 2999 N. E. 191St Street
Suite 610
Aventura FL 33180
Yes No Yes No
1205885 C William Martin C/O Immersion Corporation
2999 N.e. 191St Street, Suite 610
Aventura FL 33180
Yes No Yes No
1443284 Eric Singer C/O Immersion Corporation
2999 N.e. 191St Street, Suite 610
Aventura FL 33180
Yes No Yes No
1970265 Toro 18 Holdings Llc 2999 N.e. 191St Street, Suite 610
Aventura FL 33180
Yes No Yes 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 2025-03-12 59,146 $8.49 11,065,848 No 4 P Direct
Common Stock Acquisiton 2025-03-13 142,898 $8.60 11,208,746 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 P Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 132,871 Direct
Common Stock 145,871 Direct
Common Stock 12,000 Indirect See Footnote
Footnotes
  1. This Form 4 is filed jointly by Toro 18 Holdings LLC ("Toro 18"), Immersion Corporation ("Immersion"), William C. Martin and Eric Singer (collectively, the "Reporting Persons"). Each of the Reporting Persons is a member of a group with Emily S. Hoffman and Elias Nader for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, that collectively beneficially owns over 10% of the Issuer's outstanding shares of Common Stock. Each of Messrs. Martin, Singer, Nader and Ms. Hoffman also serve as directors on the Board of Directors of the Issuer. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein. Ms. Hoffman and Mr. Nader will file separate Section 16 reports.
  2. Represents the weighted average price of multiple transactions with prices ranging between $8.175 and $8.55. The Reporting Persons, upon request by the staff of the Securities and Exchange Commission the Issuer or a security holder of the Issuer, undertake to provide further information regarding the number of securities purchased at each separate price.
  3. Securities owned directly by Toro 18. Immersion, as the sole member of Toro 18, may be deemed to beneficially own the securities owned directly by Toro 18. Mr. Martin, as the Chief Strategy Officer of Toro 18, may be deemed to beneficially own the securities owned directly by Toro 18. Mr. Singer, as the President and Chief Executive Officer of Toro 18, may be deemed to beneficially own the securities owned directly by Toro 18.
  4. Represents the weighted average price of multiple transactions with prices ranging between $8.375 and $8.80. The Reporting Persons, upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, undertake to provide further information regarding the number of securities purchased at each separate price.
  5. Securities held directly by Mr. Singer.
  6. Securities held directly by Mr. Martin and through a wholly-owned limited liability company and IRA Accounts, all of which Mr. Martin controls exclusively.
  7. Securities held in UGMA accounts for the benefit of Mr. Martin's minor children, all of which he controls exclusively.