UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 31, 2005
IMMERSION CORPORATION
(Exact name of registrant as specified in its charter)
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Delaware 000-27969 94-3180138
(State or other jurisdiction of (Commission File Number) (IRS Employer
incorporation) Identification No.)
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801 Fox Lane
San Jose, California 95131
(Address of principal executive offices) (Zip Code)
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Registrant's telephone number, including area code: (408) 467-1900
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Item 1.01. Entry into a Material Definitive Agreement.
On March 31, 2005, Immersion Corporation (the "Company") and Michael
Zuckerman, the Company's Senior Vice President and General Manager, agreed upon
and executed a variable compensation plan for fiscal year 2005. The terms of the
plan were set by the Company's President and Chief Executive Officer based upon
guidance from the Compensation Committee of the Company's Board of Directors. A
copy of the plan is attached hereto as Exhibit 99.1 and is incorporated herein
by reference.
Item 9.01 Financial Statements and Exhibits.
(c) Exhibits.
Exhibit No. Description
99.1 Fiscal Year 2005 Variable Compensation Plan
for Michael Zuckerman.
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
IMMERSION CORPORATION
Date: April 4, 2005 By: /s/ Stephen M. Ambler
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Stephen Ambler
Chief Financial Officer
and Vice President Finance
.
EXHIBIT INDEX
Exhibit No. Description
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99.1 Fiscal Year 2005 Variable Compensation
Plan for Michael Zuckerman.