SEC Form 4 · accession 0001140361-16-050890
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
Feb 1, 2016
Accepted (ET)
Feb 9, 2016 · 1:55 pm EST
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 StockF1 | Feb 1, 2016 | A | 25,000 | $0.00 | A | 25,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incentive Stock OptionF2 | $7.86 | holding | — | — | — | — | Nov 13, 2018 | Common Stock | 12,000 | 12,000 | D |
Explanation of responses
- F1Restricted Stock Award pursuant to LSB Industries, Inc. 2008 Incentive Stock Plan. Pursuant to the terms of the Restricted Stock Agreement, 100% of the shares of the award shall be vested on the third anniversary of the grant date, but could automatically vest in full should certain events occur.
- F2Incentive Stock Option ("ISO") granted by the Issuer to the reporting person under the Issuer's Incentive Stock Option Plans. 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. This ISO is fully vested. As of the date of this report, the total number of shares underlying the ISO is 12,000.