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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) March 5, 2007
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NEOMAGIC CORPORATION
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(Exact Name of Registrant as Specified in its Charter)
Delaware 000-22009 77-0344424
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
3250 Jay Street, Santa Clara, California 95054
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (408) 988-7020
Not Applicable
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(Former Name or Former Address, if Changed Since Last Report.)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange
Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
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ITEM 5.02 DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS;
APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF
CERTAIN OFFICERS.
On March 6, 2007, NeoMagic Corporation (the "Company") announced that
effective as of March 5, 2007, Brett Moyer was appointed to the Company's Board
of Directors. The full text of the press release is attached hereto as Exhibit
99.1 and is incorporated herein by reference.
The Company's Board of Directors has granted to Mr. Moyer an option to
purchase 20,000 shares of the Company's common stock at an exercise price equal
to the Company's common stock closing price on Nasdaq on March 6, 2007. The
information regarding the terms and conditions of the option are set forth in
the Company's definitive proxy statement for the annual meeting of stockholders
held on July 12, 2006 under the caption "Director Compensation", which
information is incorporated herein by reference.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(d) Exhibits
99.1 Press Release of NeoMagic Corporation dated March 6, 2007.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
NeoMagic Corporation
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(Registrant)
Date: March 6, 2007 /S/ Douglas R. Young
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Douglas R. Young
Chief Executive Officer
EXHIBIT INDEX
EXHIBIT NO. DESCRIPTION
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99.1 Press Release of NeoMagic Corporation dated March 6, 2007.