LSI CORP|4Mar 2, 4:48 PM ET

BULLINGER PHILIP W 4

4 · LSI CORP · Filed Mar 2, 2011

Form 4

Period: 2011-03-01

EVP

Transactions

Exercise/Conversion
Common Stock
2011-03-01+11,666→ 215,567 total
Exercise/Conversion
Common Stock
2011-03-01+58,334→ 222,992 total
Exercise/Conversion
Restricted Stock Units
2011-03-01−58,334→ 0 total
→ Common Stock (58,334 underlying)
Exercise/Conversion
Restricted Stock Units
2011-03-01−11,666→ 35,001 total
→ Common Stock (11,666 underlying)
Tax Payment
Common Stock
2011-03-01$6.18/sh−19,091$117,982→ 203,901 total
Tax Payment
Common Stock
2011-03-01$6.18/sh−3,785$23,391→ 211,782 total
Award
Employee Stock Option (right to buy)
2011-03-01+350,000→ 350,000 total
Exercise: $6.18Exp: 2018-03-01→ Common Stock (350,000 underlying)
Award
Restricted Stock Units
2011-03-01+35,000→ 35,000 total
→ Common Stock (35,000 underlying)

Footnotes (6)

[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]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.
[F5]This option vests in four equal annual installments beginning on March 1, 2012.
[F6]The restricted stock units vest in four equal annual installments beginning March 1, 2012. Vested shares will be delivered to the reporting person following each vest date.

Documents

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