Okada Michael Rudolf 4
4 · IMMERSION CORP · Filed Feb 16, 2021
Insider Transaction Report
Form 4
IMMERSION CORPIMMR
Okada Michael Rudolf
See Remarks
Transactions
- Sale
Common Stock
2021-02-11$15.31/sh−2,400$36,740→ 12,872 total - Exercise/Conversion
Common Stock
2021-02-11$7.46/sh+3,417$25,491→ 15,272 total - Sale
Common Stock
2021-02-16$15.16/sh−763$11,567→ 12,109 total - Exercise/Conversion
Non-Qualified Stock Option (Right to Buy)
2021-02-11−3,417→ 95,667 totalExercise: $7.46Exp: 2026-07-15→ Common Stock (3,417 underlying)
Footnotes (4)
- [F1]2,000 shares were purchased on January 31st, 2021 at a price of $5.7375 per share under the Issuer's Employee Stock Purchase Plan.
- [F2]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.
- [F3]This transaction was executed in multiple trades at prices ranging from $15.18 to $15.46. 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.
- [F4]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.