Okada Michael Rudolf 4
4 · IMMERSION CORP · Filed Jan 13, 2021
Insider Transaction Report
Form 4
IMMERSION CORPIMMR
Okada Michael Rudolf
See Remarks
Transactions
- Sale
Common Stock
2021-01-11$12.06/sh−2,670$32,195→ 10,415 total - Exercise/Conversion
Non-Qualified Stock Option (Right to Buy)
2021-01-11−3,416→ 99,084 totalExercise: $7.46Exp: 2026-07-15→ Common Stock (3,416 underlying) - Exercise/Conversion
Common Stock
2021-01-11$7.46/sh+3,416$25,483→ 13,085 total
Footnotes (3)
- [F1]The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 11, 2020.
- [F2]This transaction was executed in multiple trades at prices ranging from $11.90 to $12.43. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F3]25% of the shares subject to the option vested and became exercisable on June 10, 2020. Thereafter, 2.0833% of the shares subject to the option vest and become exercisable on each monthly anniversary of that date until 100% vested on June 10, 2023, subject to Reporting Person's continued service through each vesting date.