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): April 18, 2006
IMMERSION CORPORATION
(Exact name of registrant as specified in its charter)
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Delaware 000-27969 94-3180138
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(State or other jurisdiction (Commission File Number) (IRS Employer
of 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 April 18, 2006, Immersion Corporation (the "Company"), Immersion
Medical, Inc., a wholly-owned subsidiary of the Company ("Immersion Medical")
and Richard Vogel, the Senior Vice President and General Manager of Immersion
Medical, agreed upon and executed a variable compensation plan for fiscal year
2006. The terms of the plan were established by the Company's President and
Chief Executive Officer based upon guidance from the Compensation Committee of
the Company's Board of Directors, and approved by the Board of Directors of
Immersion Medical. A copy of Mr. Vogel's Variable Compensation Plan is attached
hereto as Exhibit 10.65 and is incorporated herein by reference.
Item 9.01 Financial Statement and Exhibits.
(d) Exhibits.
Exhibit Number Exhibit Title or Description
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10.65 Variable Compensation Plan dated April 18, 2006 by and
among Immersion Corporation, Immersion Medical, Inc. and
Richard Vogel.
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 21, 2006 By: /s/ Stephen M. Ambler
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Stephen M. Ambler
Chief Financial Officer and Vice President,
Finance
EXHIBIT INDEX
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Exhibit No. Description
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10.65 Variable Compensation Plan dated April 18, 2006 by and
among Immersion Corporation, Immersion Medical, Inc. and
Richard Vogel.