0001628280-23-003509.txt : 20230214 0001628280-23-003509.hdr.sgml : 20230214 20230214161007 ACCESSION NUMBER: 0001628280-23-003509 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230210 FILED AS OF DATE: 20230214 DATE AS OF CHANGE: 20230214 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: 23629227 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 wf-form4_167640897969022.xml FORM 4 X0306 4 2023-02-10 0 0001058811 IMMERSION CORP IMMR 0001799626 Akerman Aaron C/O IMMERSION CORPORATION 2999 N. E. 191ST STREET, SUITE 610 AVENTURA FL 33180 0 1 0 0 Chief Financial Officer Common Stock 2023-02-10 4 M 0 1875 A 46267 D Common Stock 2023-02-13 4 S 0 966 7.08 D 45301 D Performance-based Restricted Stock Units 2023-02-10 4 M 0 0 0 D 2025-11-10 Common Stock 1875.0 13125 D Restricted stock units convert into common stock on a one-for-one basis. 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. Grant of 30,000 Performance-Based Restricted Stock Units, 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. /s/ Francis Jose, attorney-in-fact for Aaron Akerman 2023-02-14