SEC Form 4 · accession 0001140361-15-030951

LSB INDUSTRIES, INC. · LXU

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — EVP and CFO

Period of report

Aug 11, 2015

Accepted (ET)

Aug 11, 2015 · 2:49 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000060714

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1	Aug 11, 2015	P	3,000	$25.15	A	4,000	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Nonqualified Stock Option^F2	$32.69	holding	—	—	—	—	Mar 3, 2024	Common Stock	150,000	150,000	D
Nonqualified Stock Option^F2	$42.65	holding	—	—	—	—	Jun 25, 2025	Common Stock	50,000	50,000	D

F1On August 11, 2015, the reporting person purchased a total of 3,000 shares of the Issuer's common stock at the weighted average price per share of $25.15, which is based on multiple purchase prices ranging from $24.65 to $25.47 per share. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range.
F2Nonqualified Stock Option ("NQSO") granted by the Issuer to the reporting person under the Issuer's 2008 Incentive Stock Plan. The NQSO is for a term of 10 years from the date of grant, and the exercise price of the NQSO is based on the fair market value of the Issuer's common stock on the date of grant. This NQSO vests at the end of years one through six in the following amounts: 16.5%, 16.5%, 16.5%, 16.5%, 16.5% and 17.5%. This NQSO will be fully vested at the end of year six.