News Column

IMMERSION CORP FILES (8-K) Disclosing Entry into a Material Definitive Agreement, Change in Directors or Principal Officers, Submission of Matters to a Vote of Security Holders, Other Events

June 10, 2014



Item 1.01. Entry into a Material Definitive Agreement.

At the 2014 Annual Meeting of Stockholders of Immersion Corporation ("Immersion"), stockholders approved the amendment of Immersion's 2011 Equity Incentive Plan. The full text of Immersion's 2011 Equity Incentive Plan, as amended, which was filed with the Securities and Exchange Commission on April 22, 2014 as Annex A to Immersion's Definitive Proxy Statement on Schedule 14A for the 2014 Annual Meeting of Stockholders, is incorporated herein by reference.

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Reference is made to the disclosure in Item 1.01.

Item 5.07. Submissions of Matters to a Vote of Security Holders.

On June 6, 2014, Immersion held its 2014 Annual Meeting of Stockholders. Proxies for the Annual Meeting were solicited pursuant to Regulation 14A of the Securities Exchange Act of 1934, as amended. The following proposals were adopted as follows:

1. The election of one (1) Class III director, Carl Schlachte, to serve for a term of three years and until his successor is elected and qualified, or until his earlier death, resignation or removal: Shares Nominees Shares For Withheld Broker Non-Votes Carl Schlachte 17,329,805 2,713,206 6,133,804 2. Ratification of the Appointment of Deloitte & Touche LLP as Immersion's independent registered public accounting firm for the fiscal year ending December 31, 2014: Shares For Shares Against Shares Abstaining Broker Non-Votes 23,486,765 470,158 2,219,892 0 3. Approval, on an advisory basis, of the compensation of Immersion's named executive officers: Shares For Shares Against Shares Abstaining Broker Non-Votes 10,792,209 6,235,599 3,015,203 6,133,804 4. Approval of the amendment of Immersion's 2011 Equity Incentive Plan: Shares For Shares Against Shares Abstaining Broker Non-Votes 15,086,871 4,090,838 865,302 6,133,804



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Item 8.01. Other Events.

One June 6, 2014, the term of service for one (1) Class III director, John Fichthorn, expired. On June 6, 2014, the Board of Directors decreased the size of the Board to four.

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Source: Edgar Glimpses


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