4//SEC Filing
GOLSEN SYLVIA H 4
Accession 0001181431-04-041515
CIK 0000060714other
Filed
Aug 23, 8:00 PM ET
Accepted
Aug 24, 5:18 PM ET
Size
8.4 KB
Accession
0001181431-04-041515
Insider Transaction Report
Form 4
GOLSEN SYLVIA H
10% Owner
Transactions
- Sale
Common Stock
2004-08-20$7.50/sh−15,000$112,500→ 496,362 total(indirect: By Spouse)
Holdings
- 553,832
Common Stock
- 1,394,299(indirect: By SBL)
Common Stock
- 284,915(indirect: By Trust)
Common Stock
Footnotes (4)
- [F1]The Sylvia H. Golsen 1992 Revocable Trust, of which Sylvia H. Golsen is Trustee.
- [F2]SBL Corporation ("SBL") is wholly owned by Sylvia H. Golsen (40% owner), Barry Golsen (son and 20% owner), Steven Golsen (son and 20% owner), and Linda Rappaport (daughter and 20% owner). The number of shares beneficially owned by SBL includes 88,100 shares owned of record by Golsen Petroleum Corporation, the wholly owned subsidiary of SBL.
- [F3]The amount shown consists of the following shares beneficially owned by Sylvia H. Golsen's spouse, Jack E. Golsen: (a) 113,500 shares owned of record by Mr. Golsen, (b) 69,029 held by Mr. Golsen's revocable trust, of which Mr. Golsen is trustee, (c) 4,000 shares issuable upon the conversion of a promissory note, (d) 176,500 shares underlying stock options granted to Mr. Golsen, and (e) 133,333 shares issuable upon conversion of 4,000 shares of Series B Preferred Stock. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
- [F4]Shares sold by Sylvia H. Golsen's spouse, Jack E. Golson, to fund a portion of the 2004 alternative minimum tax liability arising as a result of his June 2004 exercise of incentive stock options under the Issuer's stock option plans.
Documents
Issuer
LSB INDUSTRIES INC
CIK 0000060714
Entity typeother
IncorporatedOK
Related Parties
1- filerCIK 0001005713
Filing Metadata
- Form type
- 4
- Filed
- Aug 23, 8:00 PM ET
- Accepted
- Aug 24, 5:18 PM ET
- Size
- 8.4 KB