ERIC SINGER - Corporate Board Profile

IMMERSION CORP

Filing Date	Source Excerpt
2020-04-23	Eric Singer Director since 2020 Age: 46 Board Committee(s): Compensation, Strategy No compensation stated explicitly.
2021-04-01	Eric Singer Director since 2020 and Executive Chairman since 2020 Age: 47 Board Committee(s): Compensation, Strategy ... 2020 Director Compensation Table Eric Singer Fees Earned or Paid in Cash: 72,586 Stock Awards: 143,908 Total: 216,494
2021-11-17	Eric Singer Fees Earned or Paid in Cash $72,586 Stock Awards $143,908 Total $216,494
2023-03-02	Eric Singer Director since: 2020, Executive Chairman from 2020 to January 2023, and Chairman of the Board since January 2023 Age: 49 Education: B.A. from Brandeis University in 1995 Professional Experience: Mr. Singer has served as a member of our Board of Directors since March 2020, as our Executive Chairman from August 2020, and as our Chairman of the Board since January 2023. Since July 2019, Mr. Singer has served as a director of A10 Networks (ATEN), an application controller and firewall cloud security company, and has served as its lead independent director since September 2021. Mr. Singer was a founder and Managing Member of VIEX Capital Advisors, a securities investment firm. In addition to a long track record as a successful investor in technology companies, Mr. Singer has substantial experience serving on public boards and in assisting them in creating and expanding shareholder value. Mr. Singer previously served on the boards of directors of Quantum Corporation, a video data storage and management company, Numerex Corp., a provider of managed machine-to-machine enterprise solutions enabling the Internet of Things, RhythmOne plc and YuMe, Inc., each a provider of brand video advertising software and audience data, Support.com, Inc., a provider of tech support and support center services, Meru Networks, Inc., a Wi-Fi network solutions company, PLX Technology, Inc., a PCI Express and ethernet semiconductor company, and Sigma Designs, Inc., an integrated circuit provider for the home entertainment market, among other companies. Director Qualifications: Mr. Singer has specific attributes that qualify him to serve as a member of our Board, including his extensive financial and operating experience and knowledge of the technology industry gained through his service on numerous public company boards. Mr. Singer also managed VIEX Capital Advisors, which was previously one of our largest stockholders and has a long track record of investing in publicly traded companies and actively engaging with certain investments. As a result, Mr. Singer brings the perspective of a stockholder to our Board that is critical in creating and implementing strategies that increase stockholder value. 2022 Annual Compensation Cash Compensation Our policy is that non-employee directors each receive annual cash compensation of $75,000, paid in quarterly installments on or before the date of each quarterly Board meeting, with no additional fees paid for service as a Board committee chairperson or member of a Board committee. Fees for partial year service are pro-rated. Directors are entitled to reimbursement of reasonable travel expenses (as set forth in the Company’s Travel and Expense Reimbursement Policy) they incur in connection with attending Board and committee meetings. Equity Compensation Upon the commencement of each director’s service on the Board and at each annual stockholder meeting thereafter (if they serve on the Board at such time), each non-employee director receives an annual grant of restricted stock awards (RSAs) having a value equal to $125,000 on the date of the annual stockholder meeting, 100% of which vests on the earlier of the next annual meeting of stockholders or the one-year anniversary of the annual meeting for which such grants are made, subject to acceleration in full upon a change of control of the Company; provided that if a director commences services between the annual stockholder meetings, the director shall receive a prorated initial equity grant based on the number of days before the next annual stockholder meeting (assuming the next annual meeting is held on the same calendar day as the prior year’s annual meeting). In accordance with such policies, on May 23, 2022, the date of our 2022 Annual Meeting of Stockholders, each of Messrs. Singer, Martin, Agarwal, Wasch, and Nader was granted an RSA for the number of shares underlying such award determined by dividing $125,000 by the closing price of our common stock on May 23, 2022. Mr. Nader, who was appointed to our Board on March 3, 2022, received an additional equity grant of common stock representing the vesting of Mr. Nader's prorated initial equity grant of restricted stock based on the number of days between the day Mr. Nader was appointed as a Company director and the date of our 2022 Annual Meeting of Stockholders. 2022 Director Compensation Table The following table sets forth our director compensation for 2022 to each director who served as a director during the year ended December 31, 2022. The equity compensation paid to Mr. Singer, our Executive Chairman during 2022 and our current President, Chief Executive Officer and Chairman of the Board, and Mr. Martin, our Chief Strategy Officer, in connection with their service as directors, are presented below in “Executive Compensation — Summary Compensation Table” and the related equity tables. 2022 Director Compensation Table The following table sets forth our director compensation for 2022 to each director who served as a director during the year ended December 31, 2022. The equity compensation paid to Mr. Singer, our Executive Chairman during 2022 and our current President, Chief Executive Officer and Chairman of the Board, and Mr. Martin, our Chief Strategy Officer, in connection with their service as directors, are presented below in “Executive Compensation — Summary Compensation Table” and the related equity tables. 2022 Director Compensation Table The following table sets forth our director compensation for 2022 to each director who served as a director during the year ended December 31, 2022. The equity compensation paid to Mr. Singer, our Executive Chairman during 2022 and our current President, Chief Executive Officer and Chairman of the Board, and Mr. Martin, our Chief Strategy Officer, in connection with their service as directors, are presented below in “Executive Compensation — Summary Compensation Table” and the related equity tables. 2022 Director Compensation Table The following table sets forth our director compensation for 2022 to each director who served as a director during the year ended December 31, 2022. The equity compensation paid to Mr. Singer, our Executive Chairman during 2022 and our current President, Chief Executive Officer and Chairman of the Board, and Mr. Martin, our Chief Strategy Officer, in connection with their service as directors, are presented below in “Executive Compensation — Summary Compensation Table” and the related equity tables. 2022 Director Compensation Table The following table sets forth our director compensation for 2022 to each director who served as a director during the year ended December 31, 2022. The equity compensation paid to Mr. Singer, our Executive Chairman during 2022 and our current President, Chief Executive Officer and Chairman of the Board, and Mr. Martin, our Chief Strategy Officer, in connection with their service as directors, are presented below in “Executive Compensation — Summary Compensation Table” and the related equity tables.
2024-04-04	Eric Singer Director since: 2020, Executive Chairman from August 2020 to January 2023, and Chairman of the Board since January 2023 Age: 50 Role: President, Chief Executive Officer and Chairman of the Board 2023 Director Compensation Table: Equity compensation paid to Mr. Singer as CEO and Chairman is presented in Executive Compensation, not in Director Compensation.