Sec Form 4 Filing - Singer Eric @ IMMERSION CORP - 2021-03-08

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Singer Eric
2. Issuer Name and Ticker or Trading Symbol
IMMERSION CORP [ IMMR]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O IMMERSION CORPORATION, 330 TOWNSEND STREET SUITE 234
3. Date of Earliest Transaction (MM/DD/YY)
03/08/2021
(Street)
SAN FRANCISCO, CA94107
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, $0.001 par value 22,763 ( 1 ) D ( 2 ) ( 7 )
Common Stock, $0.001 par value 598,879 I By VIEX Special Opportunities Fund II, LP ( 2 ) ( 3 ) ( 7 )
Common Stock, $0.001 par value 03/08/2021 S 67,939 D $ 9.9803 ( 5 ) 219,431 I By VIEX Opportunities Fund, LP - Series One ( 2 ) ( 4 ) ( 7 )
Common Stock, $0.001 par value 03/09/2021 S 219,431 D $ 9.9943 ( 6 ) 0 I By VIEX Opportunities Fund, LP - Series One ( 2 ) ( 4 ) ( 7 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Singer Eric
C/O IMMERSION CORPORATION
330 TOWNSEND STREET SUITE 234
SAN FRANCISCO, CA94107
X
VIEX Opportunities Fund, LP Series One
C/O IMMERSION CORPORATION
330 TOWNSEND STREET SUITE 234
SAN FRANCISCO, CA94107
See Explanation of Responses
VIEX GP, LLC
C/O IMMERSION CORPORATION
330 TOWNSEND STREET SUITE 234
SAN FRANCISCO, CA94107
See Explanation of Responses
VIEX Special Opportunities Fund II, LP
C/O IMMERSION CORPORATION
330 TOWNSEND STREET SUITE 234
SAN FRANCISCO, CA94107
See Explanation of Responses
VIEX Special Opportunities GP II, LLC
C/O IMMERSION CORPORATION
330 TOWNSEND STREET SUITE 234
SAN FRANCISCO, CA94107
See Explanation of Responses
VIEX Capital Advisors, LLC
C/O IMMERSION CORPORATION
330 TOWNSEND STREET SUITE 234
SAN FRANCISCO, CA94107
See Explanation of Responses
Signatures
/s/ Eric Singer 03/10/2021
Signature of Reporting Person Date
VIEX OPPORTUNITIES FUND, LP - SERIES ONE, By VIEX GP, LLC, its General Partner, Name: /s/ Eric Singer, Title: Managing Member 03/10/2021
Signature of Reporting Person Date
VIEX GP, LLC, Name: /s/ Eric Singer, Title: Managing Member 03/10/2021
Signature of Reporting Person Date
VIEX SPECIAL OPPORTUNITIES FUND II, LP, By VIEX Special Opportunities GP II, LLC, its General Partner, Name: /s/ Eric Singer, Title: Managing Member 03/10/2021
Signature of Reporting Person Date
VIEX SPECIAL OPPORTUNITIES GP II, LLC, Name: /s/ Eric Singer, Title: Managing Member 03/10/2021
Signature of Reporting Person Date
VIEX CAPITAL ADVISORS, LLC, Name: /s/ Eric Singer, Title: Managing Member 03/10/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )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.
( 2 )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").
( 3 )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.
( 4 )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.
( 5 )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.
( 6 )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.
( 7 )Each Reporting Person disclaims beneficial ownership of the securities of the Issuer reported herein except to the extent of his or its pecuniary interesttherein, 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.

Remarks:
As of March 9, 2021, Series One ceased to beneficially own any securities of the Issuer.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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