LSI CORP 4
4 · LSI CORP · Filed Mar 4, 2014
Insider Transaction Report
Form 4
LSI CORPNASDAQ:LSI
HUFF GREGORY L
SVP CTO
Transactions
- Award
Restricted Stock Units
2014-03-01+35,166→ 35,166 total→ Common Stock (35,166 underlying) - Exercise/Conversion
Common Stock
2014-03-01+16,240→ 94,978 total - Tax Payment
Common Stock
2014-03-01$11.09/sh−4,532$50,260→ 90,446 total - Exercise/Conversion
Restricted Stock Units
2014-03-01−11,792→ 35,377 total→ Common Stock (11,792 underlying) - Exercise/Conversion
Restricted Stock Units
2014-03-01−4,448→ 8,897 total→ Common Stock (4,448 underlying) - Award
Employee Stock Option (right to buy)
2014-03-01+172,531→ 172,531 totalExercise: $11.09Exp: 2021-03-01→ Common Stock (172,531 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]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.
- [F6]This option vests in four equal annual installments beginning on March 1, 2015.
- [F7]The restricted stock units vest in four equal annual installments beginning March 1, 2015. Vested shares will be delivered to the reporting person following each vest date.