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4//SEC Filing

ADAMS MICHAEL G 4

Accession 0001140361-10-051665

CIK 0000060714other

Filed

Dec 29, 7:00 PM ET

Accepted

Dec 30, 3:50 PM ET

Size

8.6 KB

Accession

0001140361-10-051665

Insider Transaction Report

Form 4
Period: 2010-12-29
ADAMS MICHAEL G
VP/Corporate Controller
Transactions
  • Gift

    Common Stock

    2010-12-294009,600 total(indirect: By Trust)
Holdings
  • Incentive Stock Option

    Exercise: $7.86Exp: 2018-11-13Common Stock (15,000 underlying)
    15,000
  • Incentive Stock Option

    Exercise: $2.73Exp: 2011-11-29Common Stock (10,000 underlying)
    10,000
Footnotes (2)
  • [F1]These shares are held by the reporting person's revocable trust of which he is the settlor and trustee and possesses a pecuniary interest in the securities held by the trust.
  • [F2]Incentive 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 ten years from the date of grant. An ISO for 10,000 shares of the Issuer's common stock exercisable at $2.73, with an expiration date of November 29, 2011, was granted to the reporting person on November 29, 2001. This ISO is fully vested. 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 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 ISO will be fully vested at the end of year six. As of the date of this report, the total number of shares underlying the two ISOs is 25,000.

Documents

1 file

Issuer

LSB INDUSTRIES INC

CIK 0000060714

Entity typeother

Related Parties

1
  • filerCIK 0001175126

Filing Metadata

Form type
4
Filed
Dec 29, 7:00 PM ET
Accepted
Dec 30, 3:50 PM ET
Size
8.6 KB