HUFF GREGORY L 4
4 · LSI CORP · Filed May 20, 2013
Insider Transaction Report
Form 4
LSI CORPNASDAQ:LSI
HUFF GREGORY L
SVP CTO
Transactions
- Exercise/Conversion
Common Stock
2013-05-20+37,500→ 86,994 total - Tax Payment
Common Stock
2013-05-20$7.22/sh−10,256$74,048→ 76,738 total - Exercise/Conversion
Restricted Stock Units
2013-05-20−37,500→ 75,000 total→ Common Stock (37,500 underlying)
Footnotes (4)
- [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 May 20, 2012. Vested shares will be delivered to the reporting person following each vest date.