FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person * Micallef Andrew   2. Issuer Name and Ticker or Trading Symbol LSI CORP [NYSE:LSI] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) EVP Global Operations (Last) (First) (Middle) C/O LSI CORPORATION, 1621 BARBER LANE 3. Date of Earliest Transaction (Month/Day/Year) 07/25/2008 (Street) MILPITAS, CA 95035 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 07/25/2008   M   32,400 A $ 4.6065 113,222 D   Common Stock 07/25/2008   M   77,400 A $ 6.3889 190,622 D   Common Stock 07/25/2008   M   139,500 A $ 6.1644 330,122 D   Common Stock 07/25/2008   S   260,300 D $ 6.9586 (1) 69,822 D   Common Stock               3,438 I by 401(k) plan

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Employee Stock Option (right to buy)

$ 4.6065

07/25/2008

M

32,400

04/02/2007

10/31/2009

Common Stock

32,400

$ 0

0

D

Employee Stock Option (right to buy)

$ 6.3889

07/25/2008

M

77,400

(2)

11/30/2011

Common Stock

77,400

$ 0

0

D

Employee Stock Option (right to buy)

$ 6.1644

07/25/2008

M

139,500

(3)

11/30/2012

Common Stock

139,500

$ 0

0

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Micallef Andrew C/O LSI CORPORATION 1621 BARBER LANE MILPITAS, CA 95035			EVP Global Operations

Signatures

Susan Solner Janjigian, by power of attorney		07/28/2008
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(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)	These shares were sold at prices ranging from $6.90 to $7.10. Upon request by the staff of the Securities and Exchange Commission, the issuer or a security holder of the issuer, the undersigned will provide full information regarding the number of shares sold at each separate price.
(2)	1/4th of the shares became exercisable on December 1, 2005; 1/48th of this option becomes exercisable monthly for the remaining three years of the vesting period.
(3)	1/4th of the shares became exercisable on December 1, 2006; 1/48th of this option becomes exercisable monthly for the remaining three years of the vesting period.

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