NEOMAGIC CORP 4
4 · NEOMAGIC CORP · Filed Apr 25, 2005
Insider Transaction Report
Form 4
NEOMAGIC CORPNMGC
Young Douglas R
DirectorPresident and CEO
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2005-04-21+400,000→ 400,000 totalExercise: $0.48From: 2006-04-21Exp: 2015-04-21→ Common Stock (400,000 underlying)
Footnotes (3)
- [F1]The option shares shall vest at the rate of 25% one year from date of grant and continuing every month thereafter at a rate of 1/48, so that the options shall be exercisable in full in the 48th month.
- [F2]SEC filing requires an amount in Table II Derivative Securities column 8, See column 2 for the exercise price.
- [F3]As of April 21, 2005, Mr. Young is beneficial owner of 590,000 derivative securities.