Alexander KarpAlexander Karp earned $1B in 2024

In 2023, Tom Lacey earned $2.54M in total compensation at Immersion Corporation, including $898.35K salary, $1.35M bonus and $106.20K in stock. Most recently acquired 6,000 shares in Nov 2018. Currently holds stock worth $1.64M. 7+ years at the helm of Immersion Corporation.

Compensation History

Annual executive compensation data for Tom Lacey, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$2.54M

Salary

$898.35K

Bonus

$1.35M

Other

$184.41K

Salary

$898.35K

Board Justification

The compensation philosophy aligns executive compensation with performance metrics established by the Compensation Committee, focusing on enhancing long-term stockholder value.

Bonus

$1.35M

Board Justification

Pursuant to the 2023 Annual Bonus Plan, Mr. Singer was eligible to earn cash bonuses of up to 100% of his base salary, and received an additional 100% payout, totaling 200% of his base salary earned in 2023.

Other Compensation

$184.41K

Board Justification

Consists of contributions made by the Company under the Immersion Corporation 401K Plan and payments of quarterly dividends.

Restricted Stock

$106.20K15.04K RSAs

Board Justification

On March 30, 2023, Mr. Singer was granted RSAs covering 15,043 shares of common stock, which vested on the one-year anniversary of the grant date.

Performance Metrics

The performance metrics for determining Mr. Singer's compensation include achievement of performance metrics established by the Compensation Committee.

I

Tom Lacey

CEO of Immersion Corporation

Education

N/A

Field of Expertise

Technology & Engineering - Technology

Sector of Economy

Technology

Born

January 1, 1958 - 67 years ago

CEO of Immersion Corporation for

7 years 3 months (Aug 2018 - Present)

Previous Experience

CEO of Xperi Corporation and various leadership positions at technology companies including Intel Corporation.

Holdings

Track Tom Lacey's stock holdings and portfolio value over time.

Insider Trading

Tom Lacey's recent stock transactions, purchases, and sales filed with the SEC.

IMMR

$57.00K

IMMR at $9.50/share

Nov 6, 2018

Purchase

IMMR

31,000 shares

IMMR

Aug 22, 2018

Received

Rivals

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