LSB INDUSTRIES INC 4
4 · LSB INDUSTRIES INC · Filed Jan 16, 2015
Insider Transaction Report
Form 4
BURTCH CHARLES A
Director
Transactions
- Award
Common Stock
2015-01-15$31.77/sh+236$7,498→ 3,711 total
Holdings
- 2,525
Nonqualified Stock Option
Exercise: $7.86Exp: 2018-11-13→ Common Stock (2,525 underlying)
Footnotes (2)
- [F1]Nonqualified Stock Option ("NQS") granted by the Issuer to the reporting person under the Issuer's 2008 Incentive Stock Plan. 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. 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.
- [F2]These shares were issued in lieu of cash director fees pursuant to the Issuer's Outside Directors Stock Purchase Plan.