5//SEC Filing
ILLE BERNARD G 5
Accession 0001140361-12-001973
CIK 0000060714other
Filed
Jan 10, 7:00 PM ET
Accepted
Jan 11, 3:08 PM ET
Size
7.7 KB
Accession
0001140361-12-001973
Insider Transaction Report
Form 5
ILLE BERNARD G
Director
Transactions
- Sale
Common Stock
2011-05-06$43.38/sh−5,000$216,900→ 10,000 total(indirect: By Trust)
Holdings
- 5,000
Nonqualified Stock Option
Exercise: $7.86Exp: 2018-11-13→ Common Stock (5,000 underlying)
Footnotes (3)
- [F1]These shares are held by the revocable trust of the reporting person, of which he is the settler and trustee and possesses a pecuniary interest in the securities held by the trust.
- [F2]Nonqualified Stock Option ("NQSO") granted by the Issuer to the reporting person under the Issuer's Incentive Stock Plans. The NQSO is for a term of ten years from the date of grant, and the exercise price of the NQSO is based on the fair market value of the Issuer's common stock on the date of grant. An NQSO for 5,000 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 NQSO 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 NQSO will be fully vested at the end of year six. As of the date of this report, the total number of shares underlying the NQSO is 5,000.
- [F3]On May 6, 2011, the reporting person sold a total of 5,000 shares of the Issuer's common stock, at the weighted average price per share of $43.38, which is based on multiple prices ranging from $43.36 to $43.45. The reporting person undertakes 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.
Documents
Issuer
LSB INDUSTRIES INC
CIK 0000060714
Entity typeother
Related Parties
1- filerCIK 0001260294
Filing Metadata
- Form type
- 5
- Filed
- Jan 10, 7:00 PM ET
- Accepted
- Jan 11, 3:08 PM ET
- Size
- 7.7 KB