4//SEC Filing
VIEX Capital Advisors, LLC 4
Accession 0000921895-21-000705
CIK 0001058811other
Filed
Mar 9, 7:00 PM ET
Accepted
Mar 10, 9:30 PM ET
Size
21.5 KB
Accession
0000921895-21-000705
Insider Transaction Report
Form 4
IMMERSION CORPIMMR
Transactions
- Sale
Common Stock, $0.001 par value
2021-03-08$9.98/sh−67,939$678,052→ 219,431 total(indirect: By VIEX Opportunities Fund, LP - Series One) - Sale
Common Stock, $0.001 par value
2021-03-09$9.99/sh−219,431$2,193,059→ 0 total(indirect: By VIEX Opportunities Fund, LP - Series One)
Holdings
- 598,879(indirect: By VIEX Special Opportunities Fund II, LP)
Common Stock, $0.001 par value
- 22,763
Common Stock, $0.001 par value
Vertex GP, LLC
10% Owner
Transactions
- Sale
Common Stock, $0.001 par value
2021-03-08$9.98/sh−67,939$678,052→ 219,431 total(indirect: By VIEX Opportunities Fund, LP - Series One) - Sale
Common Stock, $0.001 par value
2021-03-09$9.99/sh−219,431$2,193,059→ 0 total(indirect: By VIEX Opportunities Fund, LP - Series One)
Holdings
- 598,879(indirect: By VIEX Special Opportunities Fund II, LP)
Common Stock, $0.001 par value
- 22,763
Common Stock, $0.001 par value
Transactions
- Sale
Common Stock, $0.001 par value
2021-03-08$9.98/sh−67,939$678,052→ 219,431 total(indirect: By VIEX Opportunities Fund, LP - Series One) - Sale
Common Stock, $0.001 par value
2021-03-09$9.99/sh−219,431$2,193,059→ 0 total(indirect: By VIEX Opportunities Fund, LP - Series One)
Holdings
- 22,763
Common Stock, $0.001 par value
- 598,879(indirect: By VIEX Special Opportunities Fund II, LP)
Common Stock, $0.001 par value
Vertex Capital Advisors, LLC
10% Owner
Transactions
- Sale
Common Stock, $0.001 par value
2021-03-08$9.98/sh−67,939$678,052→ 219,431 total(indirect: By VIEX Opportunities Fund, LP - Series One) - Sale
Common Stock, $0.001 par value
2021-03-09$9.99/sh−219,431$2,193,059→ 0 total(indirect: By VIEX Opportunities Fund, LP - Series One)
Holdings
- 22,763
Common Stock, $0.001 par value
- 598,879(indirect: By VIEX Special Opportunities Fund II, LP)
Common Stock, $0.001 par value
Singer Eric
DirectorPresident and CEO
Transactions
- Sale
Common Stock, $0.001 par value
2021-03-09$9.99/sh−219,431$2,193,059→ 0 total(indirect: By VIEX Opportunities Fund, LP - Series One) - Sale
Common Stock, $0.001 par value
2021-03-08$9.98/sh−67,939$678,052→ 219,431 total(indirect: By VIEX Opportunities Fund, LP - Series One)
Holdings
- 22,763
Common Stock, $0.001 par value
- 598,879(indirect: By VIEX Special Opportunities Fund II, LP)
Common Stock, $0.001 par value
Vertex Opportunities Fund, LP
10% Owner
Transactions
- Sale
Common Stock, $0.001 par value
2021-03-08$9.98/sh−67,939$678,052→ 219,431 total(indirect: By VIEX Opportunities Fund, LP - Series One) - Sale
Common Stock, $0.001 par value
2021-03-09$9.99/sh−219,431$2,193,059→ 0 total(indirect: By VIEX Opportunities Fund, LP - Series One)
Holdings
- 22,763
Common Stock, $0.001 par value
- 598,879(indirect: By VIEX Special Opportunities Fund II, LP)
Common Stock, $0.001 par value
Footnotes (7)
- [F1]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.
- [F2]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").
- [F3]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.
- [F4]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.
- [F5]The price reported is a weighted average price. These Shares were sold in multiple transactions at prices ranging from $9.5600 to $10.5800 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 5.
- [F6]The price reported is a weighted average price. These Shares were sold in multiple transactions at prices ranging from $9.7200 to $10.5650 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.
- [F7]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.
Documents
Issuer
IMMERSION CORP
CIK 0001058811
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001619125
Filing Metadata
- Form type
- 4
- Filed
- Mar 9, 7:00 PM ET
- Accepted
- Mar 10, 9:30 PM ET
- Size
- 21.5 KB