1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security |
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Employee Stock Option (right to buy)
|
Â
(1)
|
05/10/2018 |
Common Stock
|
375,000
|
$
7.63
|
D
|
Â
|
Employee Stock Option (right to buy)
|
Â
(2)
|
03/01/2019 |
Common Stock
|
87,651
|
$
8.53
|
D
|
Â
|
Restricted Stock Units
|
Â
(3)
|
Â
(3)
|
Common Stock
|
112,500
|
$
(6)
|
D
|
Â
|
Restricted Stock Units
|
Â
(4)
|
Â
(4)
|
Common Stock
|
17,793
|
$
(6)
|
D
|
Â
|
Restricted Stock Units
|
Â
(5)
|
Â
(5)
|
Common Stock
|
30,000
|
$
(6)
|
D
|
Â
|
* |
If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** |
Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) |
This option becomes exercisable in four equal annual installments beginning on May 10, 2012 |
(2) |
This option becomes exercisable in four equal annual installments beginning on March 1, 2013. |
(3) |
The restricted stock units vest in three equal annual installments beginning May 20, 2013, Vested shares will be delivered to the reporting person following each vest date. |
(4) |
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. |
(5) |
1/2 of the restricted stock units vest on May 20, 2014. The remaining restricted stock units vest on May 20, 2016. Vested shares will be delivered to the reporting person following each vest date. |
(6) |
Each restricted stock unit represents a contingent right to receive one share of LSI common stock. |