LSI CORP 4
4 · LSI CORP · Filed Dec 20, 2007
Insider Transaction Report
Form 4
LSI CORPNYSE:LSI
Transactions
- Exercise/Conversion
Common Stock
2007-12-20+10,000→ 37,139 total - Tax Payment
Common Stock
2007-12-20$5.36/sh−3,575$19,162→ 34,564 total - Exercise/Conversion
Restricted Stock Units
2007-12-20−10,000→ 20,000 total→ Common Stock (10,000 underlying)
Footnotes (4)
- [F1]The transactions reported on this form represent the vesting of a restricted stock unit award and the withholding of shares to satisfy tax withholding obligations in connection with the vesting.
- [F2]Includes 1,000 shares acquired on Nov 14, 2007 under the LSI Employee Stock Purchase Plan.
- [F3]Each restricted stock unit represents a contingent right to receive one share of LSI common stock.
- [F4]The restricted stock units vest in four equal annual installments beginning December 20, 2006. Vested shares will be delivered to the reporting person following each vest date.