BULLINGER PHILIP W 4
4 · LSI CORP · Filed Mar 3, 2010
Insider Transaction Report
Form 4
LSI CORPNYSE:LSI
Transactions
- Tax Payment
Common Stock
2010-03-01$5.51/sh−18,929$104,299→ 153,317 total - Exercise/Conversion
Restricted Stock Units
2010-03-01−58,333→ 58,334 total→ Common Stock (58,333 underlying) - Award
Resrticted Stock Units
2010-03-01+46,667→ 46,667 total→ Common Stock (46,667 underlying) - Exercise/Conversion
Common Stock
2010-03-01+58,333→ 172,246 total - Award
Employee Stock Option (right to buy)
2010-03-01+350,000→ 350,000 totalExercise: $5.51Exp: 2017-03-01→ Common Stock (350,000 underlying)
Footnotes (5)
- [F1]These transactions represent the vesting of a restricted stock unit award and the withholding of shares to satisfy tax withholding obligations in connection with the vesting. No shares were sold.
- [F2]Each restricted stock unit represents a contingent right to receive one share of LSI common stock.
- [F3]The restricted stock units vest in three equal annual installments beginning March 1, 2009. Vested shares will be delivered to the reporting person following each vest date.
- [F4]This option vests in four equal annual installments beginning on March 1, 2011.
- [F5]The restricted stock units vest in four equal annual installments beginning March 1, 2011. Vested shares will be delivered to the reporting person following each vest date.