GOLSEN SYLVIA H 4
4 · LSB INDUSTRIES INC · Filed Sep 3, 2004
Insider Transaction Report
Form 4
GOLSEN SYLVIA H
10% Owner
Transactions
- Sale
Common Stock
2004-09-01$7.90/sh−34,500$272,550→ 147,529 total(indirect: By Spouse) - Sale
Common Stock
2004-09-01$8.10/sh−100$810→ 182,429 total(indirect: By Spouse) - Sale
Common Stock
2004-09-01$8.00/sh−300$2,400→ 182,129 total(indirect: By Spouse)
Holdings
- 1,394,299(indirect: By SBL Corp.)
Common Stock
- 553,832
Common Stock
- 284,915(indirect: By Trust)
Common Stock
Footnotes (3)
- [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) 78,500 shares owned of record by Mr. Golsen, and (b) 69,029 held by Mr. Golsen's revocable trust, of which Mr. Golsen is trustee. The amount shown does not include the following derivative securities beneficially owned by Jack E. Golsen: (a) 4,000 shares issuable upon the conversion of a promissory note, (b) 176,500 shares underlying stock options granted to Mr. Golsen, and (c) 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.