Young Douglas R 4
4 · NEOMAGIC CORP · Filed Jan 28, 2005
Insider Transaction Report
Form 4
NEOMAGIC CORPNMGC
Young Douglas R
DirectorPresident and CEO
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2005-01-26+80,000→ 80,000 totalExercise: $0.93From: 2006-12-31Exp: 2015-01-26→ Common Stock (80,000 underlying)
Footnotes (3)
- [F1]The option shares shall vest at the rate of 1/24th per month commencing January 2005 and continuing every month thereafter, so that the options shall be exercisable in full in the 24th month, specifically December 2006.
- [F2]SEC filing requires an amount in Table II Derivative Securities column 8, See column 2 for the exercise price.
- [F3]As of January 28, 2005, Mr. Young is beneficial ower of 190,000 derivative securities.