HUFF GREGORY L 4
4 · LSI CORP · Filed Mar 5, 2013
Insider Transaction Report
Form 4
LSI CORPNASDAQ:LSI
HUFF GREGORY L
SVP CTO
Transactions
- Exercise/Conversion
Restricted Stock Units
2013-03-01−4,448→ 13,345 total→ Common Stock (4,448 underlying) - Award
Restricted Stock Units
2013-03-01+47,169→ 47,169 total→ Common Stock (47,169 underlying) - Exercise/Conversion
Common Stock
2013-03-01+4,448→ 36,030 total - Tax Payment
Common Stock
2013-03-01$6.89/sh−1,462$10,073→ 34,568 total - Award
Employee Stock Option (right to buy)
2013-03-01+248,502→ 248,502 totalExercise: $6.89Exp: 2020-03-01→ Common Stock (248,502 underlying) - Award
Restricted Stock Units
2013-03-01+72,568→ 72,568 total→ Common Stock (72,568 underlying)
Footnotes (7)
- [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]Includes 2,000 shares acquired in transactions exempt from liability and not required to be reported under Section 16.
- [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 March 1, 2013. 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, 2014.
- [F6]The restricted stock units vest in four equal annual installments beginning March 1, 2014. Vested shares will be delivered to the reporting person following each vest date.
- [F7]The restricted stock units vest 50% after two years and 50% after 4 years. Vested shares will be delivered to the reporting person following each vest date.