<SEC-DOCUMENT>0000921895-21-000705.txt : 20210310
<SEC-HEADER>0000921895-21-000705.hdr.sgml : 20210310
<ACCEPTANCE-DATETIME>20210310213053
ACCESSION NUMBER:		0000921895-21-000705
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20210308
FILED AS OF DATE:		20210310
DATE AS OF CHANGE:		20210310

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			VIEX Capital Advisors, LLC
		CENTRAL INDEX KEY:			0001619125
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-38334
		FILM NUMBER:		21731605

	BUSINESS ADDRESS:	
		STREET 1:		323 SUNNY ISLES BLVD.
		STREET 2:		SUITE 700
		CITY:			SUNNY ISLES BEACH
		STATE:			FL
		ZIP:			33160
		BUSINESS PHONE:		212-752-5750

	MAIL ADDRESS:	
		STREET 1:		323 SUNNY ISLES BLVD.
		STREET 2:		SUITE 700
		CITY:			SUNNY ISLES BEACH
		STATE:			FL
		ZIP:			33160

	FORMER NAME:	
		FORMER CONFORMED NAME:	Vertex Capital Advisors, LLC
		DATE OF NAME CHANGE:	20140910

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Singer Eric
		CENTRAL INDEX KEY:			0001443284

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-38334
		FILM NUMBER:		21731610

	MAIL ADDRESS:	
		STREET 1:		825 THIRD AVENUE
		STREET 2:		33RD FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			VIEX Opportunities Fund, LP Series One
		CENTRAL INDEX KEY:			0001606750
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-38334
		FILM NUMBER:		21731609

	BUSINESS ADDRESS:	
		STREET 1:		C/O VIEX CAPITAL ADVISORS, LLC
		STREET 2:		825 THIRD AVENUE, 33RD FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
		BUSINESS PHONE:		212-752-5750

	MAIL ADDRESS:	
		STREET 1:		C/O VIEX CAPITAL ADVISORS, LLC
		STREET 2:		825 THIRD AVENUE, 33RD FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022

	FORMER NAME:	
		FORMER CONFORMED NAME:	VIEX Opportunities Fund, LP
		DATE OF NAME CHANGE:	20151228

	FORMER NAME:	
		FORMER CONFORMED NAME:	Vertex Opportunities Fund, LP
		DATE OF NAME CHANGE:	20140429

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			VIEX Special Opportunities GP II, LLC
		CENTRAL INDEX KEY:			0001658891
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-38334
		FILM NUMBER:		21731606

	BUSINESS ADDRESS:	
		STREET 1:		825 THIRD AVENUE
		STREET 2:		33RD FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
		BUSINESS PHONE:		212-752-5750

	MAIL ADDRESS:	
		STREET 1:		825 THIRD AVENUE
		STREET 2:		33RD FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022

	FORMER NAME:	
		FORMER CONFORMED NAME:	Vertex Special Opportunities GP II, LLC
		DATE OF NAME CHANGE:	20151119

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			VIEX Special Opportunities Fund II, LP
		CENTRAL INDEX KEY:			0001619127
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-38334
		FILM NUMBER:		21731607

	BUSINESS ADDRESS:	
		STREET 1:		C/O VIEX CAPITAL ADVISORS, LLC
		STREET 2:		825 THIRD AVENUE, 33RD FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
		BUSINESS PHONE:		212-752-5750

	MAIL ADDRESS:	
		STREET 1:		C/O VIEX CAPITAL ADVISORS, LLC
		STREET 2:		825 THIRD AVENUE, 33RD FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022

	FORMER NAME:	
		FORMER CONFORMED NAME:	VIEX Opportunities Fund, LP - Series One
		DATE OF NAME CHANGE:	20171212

	FORMER NAME:	
		FORMER CONFORMED NAME:	VIEX Special Opportunities Fund II, LP
		DATE OF NAME CHANGE:	20151228

	FORMER NAME:	
		FORMER CONFORMED NAME:	Vertex Special Opportunities Fund II, LP
		DATE OF NAME CHANGE:	20140910

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			VIEX GP, LLC
		CENTRAL INDEX KEY:			0001654852
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-38334
		FILM NUMBER:		21731608

	BUSINESS ADDRESS:	
		STREET 1:		825 THIRD AVE.
		STREET 2:		33RD FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
		BUSINESS PHONE:		212-752-5750

	MAIL ADDRESS:	
		STREET 1:		825 THIRD AVE.
		STREET 2:		33RD FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022

	FORMER NAME:	
		FORMER CONFORMED NAME:	Vertex GP, LLC
		DATE OF NAME CHANGE:	20151005

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:		330 TOWNSEND STREET
		STREET 2:		SUITE 234
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94107
		BUSINESS PHONE:		408-467-1900

	MAIL ADDRESS:	
		STREET 1:		330 TOWNSEND STREET
		STREET 2:		SUITE 234
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94107

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	IMMERSION HUMAN INTERFACE CORP
		DATE OF NAME CHANGE:	19980602
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>form410114018_03102021.xml
<DESCRIPTION>OWNERSHIP DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0306</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2021-03-08</periodOfReport>

    <notSubjectToSection16>1</notSubjectToSection16>

    <issuer>
        <issuerCik>0001058811</issuerCik>
        <issuerName>IMMERSION CORP</issuerName>
        <issuerTradingSymbol>IMMR</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001443284</rptOwnerCik>
            <rptOwnerName>Singer Eric</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O IMMERSION CORPORATION</rptOwnerStreet1>
            <rptOwnerStreet2>330 TOWNSEND STREET SUITE 234</rptOwnerStreet2>
            <rptOwnerCity>SAN FRANCISCO</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>94107</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001606750</rptOwnerCik>
            <rptOwnerName>VIEX Opportunities Fund, LP Series One</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O IMMERSION CORPORATION</rptOwnerStreet1>
            <rptOwnerStreet2>330 TOWNSEND STREET SUITE 234</rptOwnerStreet2>
            <rptOwnerCity>SAN FRANCISCO</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>94107</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>1</isOther>
            <officerTitle></officerTitle>
            <otherText>See Explanation of Responses</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001654852</rptOwnerCik>
            <rptOwnerName>VIEX GP, LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O IMMERSION CORPORATION</rptOwnerStreet1>
            <rptOwnerStreet2>330 TOWNSEND STREET SUITE 234</rptOwnerStreet2>
            <rptOwnerCity>SAN FRANCISCO</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>94107</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>1</isOther>
            <officerTitle></officerTitle>
            <otherText>See Explanation of Responses</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001619127</rptOwnerCik>
            <rptOwnerName>VIEX Special Opportunities Fund II, LP</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O IMMERSION CORPORATION</rptOwnerStreet1>
            <rptOwnerStreet2>330 TOWNSEND STREET SUITE 234</rptOwnerStreet2>
            <rptOwnerCity>SAN FRANCISCO</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>94107</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>1</isOther>
            <officerTitle></officerTitle>
            <otherText>See Explanation of Responses</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001658891</rptOwnerCik>
            <rptOwnerName>VIEX Special Opportunities GP II, LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O IMMERSION CORPORATION</rptOwnerStreet1>
            <rptOwnerStreet2>330 TOWNSEND STREET SUITE 234</rptOwnerStreet2>
            <rptOwnerCity>SAN FRANCISCO</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>94107</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>1</isOther>
            <officerTitle></officerTitle>
            <otherText>See Explanation of Responses</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001619125</rptOwnerCik>
            <rptOwnerName>VIEX Capital Advisors, LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O IMMERSION CORPORATION</rptOwnerStreet1>
            <rptOwnerStreet2>330 TOWNSEND STREET SUITE 234</rptOwnerStreet2>
            <rptOwnerCity>SAN FRANCISCO</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>94107</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>1</isOther>
            <officerTitle></officerTitle>
            <otherText>See Explanation of Responses</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock, $0.001 par value</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>22763</value>
                    <footnoteId id="F1"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                    <footnoteId id="F2"/>
                    <footnoteId id="F7"/>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock, $0.001 par value</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>598879</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By VIEX Special Opportunities Fund II, LP</value>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                    <footnoteId id="F7"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock, $0.001 par value</value>
            </securityTitle>
            <transactionDate>
                <value>2021-03-08</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness></transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>67939</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>9.9803</value>
                    <footnoteId id="F5"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>219431</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By VIEX Opportunities Fund, LP - Series One</value>
                    <footnoteId id="F2"/>
                    <footnoteId id="F4"/>
                    <footnoteId id="F7"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock, $0.001 par value</value>
            </securityTitle>
            <transactionDate>
                <value>2021-03-09</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness></transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>219431</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>9.9943</value>
                    <footnoteId id="F6"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By VIEX Opportunities Fund, LP - Series One</value>
                    <footnoteId id="F2"/>
                    <footnoteId id="F4"/>
                    <footnoteId id="F7"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Includes 18,543 Shares underlying unvested restricted stock granted to Eric Singer in connection with his service on Immersion Corporation's (the &quot;Issuer&quot;) board of directors.</footnote>
        <footnote id="F2">This Form 4 is filed jointly by VIEX Opportunities Fund, LP - Series One (&quot;Series One&quot;), a series of VIEX Opportunities Fund, LP, VIEX Special Opportunities Fund II, LP (&quot;VSO II&quot;), VIEX GP, LLC (&quot;VIEX GP&quot;), VIEX Special Opportunities GP II, LLC (&quot;VSO GP II&quot;), VIEX Capital Advisors, LLC (&quot;VIEX Capital&quot;), and Eric Singer (collectively, the &quot;Reporting Persons&quot;).</footnote>
        <footnote id="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.</footnote>
        <footnote id="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.</footnote>
        <footnote id="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.</footnote>
        <footnote id="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.</footnote>
        <footnote id="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.</footnote>
    </footnotes>

    <remarks>As of March 9, 2021, Series One ceased to beneficially own any securities of the Issuer.</remarks>

    <ownerSignature>
        <signatureName>/s/ Eric Singer</signatureName>
        <signatureDate>2021-03-10</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>VIEX OPPORTUNITIES FUND, LP - SERIES ONE, By VIEX GP, LLC, its General Partner, Name: /s/ Eric Singer, Title: Managing Member</signatureName>
        <signatureDate>2021-03-10</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>VIEX GP, LLC, Name: /s/ Eric Singer, Title: Managing Member</signatureName>
        <signatureDate>2021-03-10</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>VIEX SPECIAL OPPORTUNITIES FUND II, LP, By VIEX Special Opportunities GP II, LLC, its General Partner, Name: /s/ Eric Singer, Title: Managing Member</signatureName>
        <signatureDate>2021-03-10</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>VIEX SPECIAL OPPORTUNITIES GP II, LLC, Name: /s/ Eric Singer, Title: Managing Member</signatureName>
        <signatureDate>2021-03-10</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>VIEX CAPITAL ADVISORS, LLC, Name: /s/ Eric Singer, Title: Managing Member</signatureName>
        <signatureDate>2021-03-10</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</SEC-DOCUMENT>
