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ADAMS MICHAEL G 4

Accession 0001140361-11-048906

CIK 0000060714other

Filed

Oct 6, 8:00 PM ET

Accepted

Oct 7, 5:40 PM ET

Size

9.1 KB

Accession

0001140361-11-048906

Insider Transaction Report

Form 4
Period: 2011-09-22
ADAMS MICHAEL G
VP/Corporate Controller
Transactions
  • Exercise/Conversion

    Common Stock

    2011-09-22$2.73/sh+10,000$27,30014,600 total(indirect: By Trust)
  • Exercise/Conversion

    Incentive Stock Option

    2011-09-2210,0000 total
    Exercise: $2.73Exp: 2011-11-29Common Stock (10,000 underlying)
Holdings
  • Incentive Stock Option

    Exercise: $7.86Exp: 2018-11-13Common Stock (15,000 underlying)
    15,000
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 Options ("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. As of the date of this report, there are no shares underlying this ISO. 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 ISO held by the reporting person is 15,000.

Documents

1 file

Issuer

LSB INDUSTRIES INC

CIK 0000060714

Entity typeother

Related Parties

1
  • filerCIK 0001175126

Filing Metadata

Form type
4
Filed
Oct 6, 8:00 PM ET
Accepted
Oct 7, 5:40 PM ET
Size
9.1 KB