LSB INDUSTRIES INC 4
4 · LSB INDUSTRIES INC · Filed Nov 12, 2014
Insider Transaction Report
Form 4
ADAMS MICHAEL G
VP/Corporate Controller
Transactions
- Exercise/Conversion
Common Stock
2014-11-10$7.86/sh+4,000$31,440→ 20,425 total(indirect: By Trust) - Exercise/Conversion
Incentive Stock Option
2013-11-10−4,000→ 3,575 totalExercise: $7.86Exp: 2018-11-13→ Common Stock (3,575 underlying)
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. 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 3,575.