LSB INDUSTRIES INC 4
4 · LSB INDUSTRIES INC · Filed Jul 31, 2015
Insider Transaction Report
Form 4
SHEAR DAVID MICHAEL
Senior VP/General Counsel/Sec
Transactions
- Award
Incentive Stock Option
2015-07-29+20,000→ 20,000 totalExercise: $36.78Exp: 2025-07-29→ Common Stock (20,000 underlying) - Award
Incentive Stock Option
2015-07-29+20,000→ 20,000 totalExercise: $36.78Exp: 2025-07-29→ Common Stock (20,000 underlying)
Holdings
- 35,581(indirect: By Trust)
Common Stock
Footnotes (3)
- [F1]The designated reporting person is David M. Shear. Mr. Shear's spouse, Heidi L. Brown Shear, jointly files this report with Mr. Shear. Heidi Shear is Vice President, Managing Counsel and Assistant Secretary of the Issuer. These shares are held in an account jointly owned by David Shear's revocable trust, of which he is settlor and trustee, and Heidi Shear's revocable trust, of which she is settlor and trustee.
- [F2]Incentive Stock Option ("ISO") granted by the Issuer to the reporting person under the Issuer's Incentive Stock Option Plans. An ISO for 20,000 shares of the Issuer's common stock exercisable at $36.78, with an expiration date of July 29, 2025, was granted to the reporting person on July 29, 2015. The ISO is for a term of 10 years from the date of grant. The ISO vests at the end of its respective years one through six in the following amounts: 16.5%, 16.5%, 16.5%, 16.5%, 16.5% and 17.5%. The ISO will be fully vested at the end of year six.
- [F3]ISO granted by the Issuer to the reporting person's spouse under the Issuer's Incentive Stock Option Plans. An ISO for 20,000 shares of the Issuer's common stock exercisable at $36.78, with an expiration date of July 29, 2025, was granted to the reporting person's spouse on July 29, 2015. The ISO is for a term of 10 years from the date of grant. The ISO vests at the end of its respective years one through six in the following amounts: 16.5%, 16.5%, 16.5%, 16.5%, 16.5% and 17.5%. The ISO will be fully vested at the end of year six.