Granier-Phelps Jorge 4
4 · NEOMAGIC CORP · Filed Mar 14, 2011
Insider Transaction Report
Form 4
NEOMAGIC CORPNMGC
Granier-Phelps Jorge
Director
Transactions
- Award
Stock option (right to buy)
2011-03-12+340,000→ 5,496,666 totalExercise: $0.03From: 2013-03-12Exp: 2017-03-12→ Common stock (340,000 underlying)
Footnotes (2)
- [F1]The stock options were granted on March 11, 2011 and are effective March 12, 2011, pursuant to the Company 2003 Stock Plan, as amended. The shares subject to such option grant shall vest and become exercisable on each monthly anniversary of March 11, 2011 over a two year period, assuming continued service with the Company, on each scheduled vesting date.
- [F2]October 12, 2009, NeoMagic Corporation entered into a Stock Purchase Agreement with investors, including Mediastone LLC., of which Mr. Granier-Phelps is managing director. Mediastone LLC, holds 4,666,666 warrants.