SHEAR HEIDI L BROWN 4
4 · LSB INDUSTRIES INC · Filed Mar 9, 2011
Insider Transaction Report
Form 4
SHEAR DAVID MICHAEL
Senior VP/General Counsel/Sec
Transactions
- Sale
Common Stock
2011-03-08$35.71/sh−7,500$267,825→ 45,581 total(indirect: By Trust) - Sale
Common Stock
2011-03-07$35.00/sh−2,500$87,500→ 58,081 total(indirect: By Trust) - Sale
Common Stock
2011-03-07$36.00/sh−5,000$180,000→ 53,081 total(indirect: By Trust)
Footnotes (2)
- [F1]The designated reporting person is David M. Shear. Mr. Shear's spouse, Heidi L. Brown Shear, jointly files this report with Mr. Shear. Heidi Shear is Vice President, Managing Counsel and Assistant Secretary of the Issuer. These shares are held in an account jointly owned by David Shear's revocable trust, of which he is settlor and trustee, and Heidi Shear's revocable trust, of which she is settlor and trustee.
- [F2]On March 8, 2011, the reporting persons sold a total of 7,500 shares of the Issuer's common stock at the weighted average price per share of $35.71, which is based on multiple prices ranging from $35.47 to $36.00. The reporting persons undertake 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 sold at each separate price within such range.