RYDLUND PAUL 4
4 · LSB INDUSTRIES INC · Filed Mar 26, 2010
Insider Transaction Report
Form 4
RYDLUND PAUL
Senior Vice President
Transactions
- Sale
Common Stock
2010-03-24$15.54/sh−3,630$56,410→ 2,870 total
Holdings
- 3,500
Incentive Stock Option
Exercise: $2.73Exp: 2011-09-29→ Common Stock (3,500 underlying) - 8,000
Incentive Stock Option
Exercise: $5.10Exp: 2015-11-17→ Common Stock (8,000 underlying)
Footnotes (3)
- [F1]Incentive Stock Options ("ISO") granted by the Issuer to the reporting person under the Issuer's incentive stock option plan. Each ISO allows the purchase of shares of the Issuer's common stock upon the exercise thereof. Each ISO is for a period of ten years from the date of grant, and each ISO became fully vested on or prior to December 31, 2005. As of the date of this report, the total number of shares underlying this ISO is 3,500.
- [F2]ISO granted on November 17, 2005, by the Issuer to the reporting person under the Issuer's incentive stock option plan. The ISO is for a term of ten years and vests at the end of years one through four in the following amounts: 20%, 20%, 30%, and 30%. The ISO will be fully vested at the end of year four. As of the date of this report, the total number of shares underlying the ISO is 8,000.
- [F3]The price reported is a weighted average price. The shares were sold in multiple transactions at prices per share ranging from $15.50 to $15.59, inclusive. The reporting person undertakes to provide the staff of the Securities and Exchange Commission, LSB Industries, Inc., or any security holder of LSB Industries, Inc., upon request, full information regarding the number of shares sold at each separate price within the range set forth above.