SEC Form 4 · accession 0001140361-15-029255
LSB INDUSTRIES, INC. · LXU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Harold L Rieker
Officer — VP/PAO/Corp Controller
Period of report
Jul 29, 2015
Accepted (ET)
Jul 31, 2015 · 11:14 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000060714
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incentive Stock OptionF1 | $36.78 | Jul 29, 2015 | A | 20,000 | A | — | Jul 29, 2025 | Common Stock | 20,000 | 20,000 | D |
| Incentive Stock OptionF1 | $7.86 | holding | — | — | — | — | Nov 13, 2018 | Common Stock | 12,000 | 12,000 | D |
| Incentive Stock OptionF1 | $34.50 | holding | — | — | — | — | Nov 14, 2021 | Common Stock | 5,000 | 5,000 | D |
Explanation of responses
- F1Incentive Stock Option ("ISO") granted by the Issuer to the reporting person under the Issuer's Incentive Stock Option Plans. Each ISO is for a term of 10 years from the date of grant. An ISO for 15,000 shares of the Issuer's common stock exercisable at $7.86, with an expiration date of November 13, 2018, was granted to the reporting person on November 13, 2008. An ISO for 5,000 shares of the Issuer's common stock exercisable at $34.50, with an expiration date of November 14, 2021, was granted to the reporting person on November 14, 2011. An ISO for 20,000 shares of the Issuer's common stock exercisable at $36.78, with an expiration date of July 29, 2025, was granted to the reporting person on July 29, 2015. Each ISO vests at the end of its respective years one through six in the following amounts: 16.5%, 16.5%, 16.5%, 16.5%, 16.5% and 17.5%. Each ISO will be fully vested at the end of year six. On the date of this report, the total number of shares underlying the ISOs is 37,000.