BULLINGER PHILIP W 4
4 · LSI CORP · Filed Feb 22, 2011
Insider Transaction Report
Form 4
LSI CORPNYSE:LSI
Transactions
- Exercise/Conversion
Common Stock
2011-02-20+11,250→ 168,567 total - Exercise/Conversion
Restricted Stock Units
2011-02-20−11,250→ 0 total→ Common Stock (11,250 underlying) - Tax Payment
Common Stock
2011-02-20$6.75/sh−3,909$26,386→ 164,658 total
Footnotes (4)
- [F1]Includes 4,000 shares acquired in transactions exempt from liability and not required to be reported under Section 16.
- [F2]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. No shares were sold.
- [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 February 20, 2008. Vested shares will be delivered to the reporting person following each vest date.