secwatch.observer — SEC 8-K summary
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Issuer:     IMMERSION CORP (IMMR)
CIK:        0001058811
Form:       8-K
Filed at:   2021-08-30T23:59:59+00:00
Accession:  0001628280-21-017782
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Immoration names General Counsel Francis Jose as CEO, replacing Jared Smith
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- Jared Smith resigned as Interim CEO and VP Worldwide Sales effective Aug 30, 2021.
- Francis Jose, previously General Counsel and SVP IP Licensing, appointed CEO effective Aug 30, 2021.
- Base salary increased from $315,000 to $345,000; existing change-of-control severance terms unchanged.
- 2021 Executive Incentive Plan cancelled; Compensation Committee intends to design replacement programs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1058811/000162828021017782/0001628280-21-017782-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1058811/000162828021017782/immr-20210829.htm
  HTML page:      https://secwatch.observer/filing/0001628280-21-017782

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer