NEOMAGIC CORP 4

4 · NEOMAGIC CORP · Filed Jul 15, 2005

Form 4

Period: 2005-07-14

DirectorPresident and CEO

Transactions

Exercise/Conversion
Common Stock
2005-07-14$0.27/sh+7,500$2,025→ 10,000 total
Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2005-07-14−7,500→ 22,500 total
Exercise: $0.27From: 2006-12-31Exp: 2014-09-30→ Common Stock (7,500 underlying)
Exercise/Conversion
Common Stock
2005-07-14$0.43/sh+2,500$1,075→ 2,500 total
Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2005-07-14−2,500→ 197,500 total
Exercise: $0.43From: 2009-05-05Exp: 2015-05-04→ Common Stock (2,500 underlying)

Footnotes (4)

[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]The option shares shall vest at the rate of 1/48th per month commencing June 2005 and continuing each month thereafter, so that the options shall be exercisable in full in the 48th month, specifically May 2009.
[F4]As of July 14, 2005 Mr. Young has beneficial holdings of 780,000 derivative securities and 10,000 non-derivative securities.

Documents

1 file