Young Douglas R 4
4 · NEOMAGIC CORP · Filed Jan 4, 2006
Insider Transaction Report
Form 4
NEOMAGIC CORPNMGC
Young Douglas R
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2006-01-03−1,500→ 3,000 totalExercise: $1.35From: 2006-12-31Exp: 2014-09-30→ Common Stock (1,500 underlying) - Exercise/Conversion
Common Stock
2006-01-03$1.35/sh+1,500$2,025→ 3,500 total - Sale
Common Stock
2006-01-03$9.09/sh−1,500$13,635→ 2,000 total
Footnotes (2)
- [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]On August 12, 2005 after market close, the Company completed a 1:5 reverse stock split. All share amounts and option exercise prices for those options granted prior to such date have been adjusted accordingly.