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Immersion Corp's Form 4/A amendment

Amended

Universal Electronics Inc (UEIC) · filed Dec 20, 2023

Accession no.
0001193805-23-001636
Filed
Dec 20, 2023, 7:30 PM ET
Trade date
Dec 5-6, 2023
Filing delay
15 days
Rule 10b5-1 plan
Not checked
Original filed
Dec 6, 2023

This filing lists 2 non-derivative transactions. It carries over 1 transaction from the original filing that it did not restate. Open-market purchases total $274.1K. It was filed 15 days after the trade.

This amendment restates part of 0000921895-23-002720 (filed Dec 6, 2023). The transactions it did not restate still count and are listed below.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Immersion CorpCIK 000105881110% Owner
Martin William CCIK 000120588510% Owner
Singer EricCIK 000144328410% Owner
Toro 18 Holdings LLCCIK 000197026510% Owner

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Dec 5, 2023Common StockPPurchaseAcquired+14,880$7.73F3,F4+$115,038.771,533,366Direct
Dec 6, 2023Common StockPPurchaseAcquired+11,281$7.60+$85,735.61,544,647Direct

Carried over from the original filing

This amendment restates only part of the original filing. The original's other transactions still stand, and the trade tables on Livermore count them under this amendment.

From 0000921895-23-002720 (filed Dec 6, 2023).

Non-derivative securities (Table I)

Non-derivative transactions carried over from 0000921895-23-002720
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Dec 4, 2023Common StockPPurchaseAcquired+9,579$7.66F2+$73,349.281,518,486Direct

Footnotes on the original

The footnotes that the prices of these transactions refer to on the original filing.

F2

The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $7.6350 to $7.7400. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commision, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F1

This Form 4/A is filed jointly by Toro 18 Holdings LLC ("Toro 18"), Immersion Corporation ("Immersion"), William C. Martin and Eric Singer (collectively, the "Reporting Persons"). Each of the Reporting Persons is a member of a group for purposes of Section 13(d) of the Securities Exchange Act of 1934 that collectively beneficially owns over 10% of the Issuer's outstanding shares of Common Stock. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein.

F2

Securities owned directly by Toro 18. Immersion, as the sole member of Toro 18, may be deemed to beneficially own the securities owned directly by Toro 18. Mr. Martin, as the Chief Strategy Officer of Toro 18, may be deemed to beneficially own the securities owned directly by Toro 18. Mr. Singer, as the President and Chief Executive Officer of Toro 18, may be deemed to beneficially own the securities owned directly by Toro 18.

F3

On December 6, 2023, the Reporting Persons filed a Form 4 (the "Form 4") which reported that Toro 18 purchased 14,380 shares of Common Stock on December 5, 2023 at an average price of $7.7308 per share, and that Toro 18 owned directly 1,532,866 shares of Common Stock following the transaction. In fact, as reported in this amendment, Toro 18 purchased 14,880 shares of Common Stock on December 5, 2023 at an average price of $7.7311 per share, and Toro 18 owned directly 1,533,366 shares of Common Stock following the transaction.

Referenced by the price of 1 transaction in Table I.

F4

The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $7.6800 to $7.7400. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commision, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

F5

On December 6, 2023, the Reporting Persons filed the Form 4 reporting that Toro 18 owned directly 1,544,147 shares of Common Stock following the transaction on December 6, 2023. In fact, as reported in this amendment, Toro 18 owned directly 1,544,647 shares of Common Stock following the transaction on December 6, 2023.

Read the full filing on SEC EDGAR (opens in a new tab)