Home/Filings/4/0001140361-15-016281
4//SEC Filing

LSB INDUSTRIES INC 4

Accession 0001140361-15-016281

$LXUCIK 0000060714operating

Filed

Apr 22, 8:00 PM ET

Accepted

Apr 23, 5:51 PM ET

Size

8.6 KB

Accession

0001140361-15-016281

Insider Transaction Report

Form 4
Period: 2015-04-22
Transactions
  • Exercise/Conversion

    Nonqualified Stock Option

    2015-04-221,0003,000 total
    Exercise: $7.86Exp: 2018-11-13Common Stock (1,000 underlying)
  • Exercise/Conversion

    Common Stock

    2015-04-22$7.86/sh+1,000$7,8602,393 total(indirect: By Trust)
Holdings
  • Common Stock

    (indirect: By LLC)
    1,000
Footnotes (3)
  • [F1]Butkin Investment Company, LLC (the "LLC") is owned by the reporting person, through his revocable trust, certain other trusts over which the reporting person holds voting and dispositive power, and BRJN Capital Corporation, of which the reporting person serves as its President. Voting and dispositive power over the securities held by the LLC is possessed by the reporting person, who is the Manager of the LLC. The reporting person disclaims beneficial ownership of the Issuer securities held by the LLC, except to the extent of his pecuniary interest therein.
  • [F2]These shares are held in certain trusts over which the reporting person holds voting and dispositive power.
  • [F3]Nonqualified Stock Option ("NQSO") granted by the Issuer to the reporting person under the Issuer's 2008 Incentive Stock Plan on November 13, 2008. 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 is fully vested.

Documents

1 file

Issuer

LSB INDUSTRIES INC

CIK 0000060714

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000060714

Filing Metadata

Form type
4
Filed
Apr 22, 8:00 PM ET
Accepted
Apr 23, 5:51 PM ET
Size
8.6 KB