0001213900-23-066370.txt : 20230811
0001213900-23-066370.hdr.sgml : 20230811
20230811190832
ACCESSION NUMBER: 0001213900-23-066370
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230810
FILED AS OF DATE: 20230811
DATE AS OF CHANGE: 20230811
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: 231165695
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
marketforms-62225.xml
PRIMARY DOCUMENT
X0508
4
2023-08-10
true
0001058811
IMMERSION CORP
IMMR
0001799626
Akerman Aaron
C/O IMMERSION CORPORATION
2999 N. E. 191ST STREET, SUITE 610
AVENTURA
FL
33180
false
false
false
true
Former Chief Financial Officer
0
Common Stock
2023-08-10
4
M
false
1875
A
48045
D
Common Stock
2023-08-11
4
F
false
967
6.76
D
47078
D
Performance-based Restricted Stock Units
2023-08-10
4
M
false
1875
0
D
2025-11-10
Common Stock
1875
13125
D
Performance-Based Restricted Stock Units ("PSUs") convert into common stock on a one-for-one basis.
Grant of 30,000 PSUs, 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.
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.
/s/ Aaron Akerman
2023-08-11