Filing Details

Accession Number:
0001140361-10-048987
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-12-09 16:36:47
Reporting Period:
2010-12-07
Filing Date:
2010-12-09
Accepted Time:
2010-12-09 16:36:47
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
60714 Lsb Industries Inc LXU Industrial Inorganic Chemicals (2810) 731015226
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1342342 A John Shelley 16 South Pennsylvania Avenue
Oklahoma City OK 73107
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2010-12-07 1,650 $7.86 1,880 No 4 M Direct
Common Stock Disposition 2010-12-07 1,650 $24.37 230 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Nonqualfied Stock Option Disposition 2010-12-07 1,650 $0.00 1,650 $7.86
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
3,350 2018-11-13 No 4 M Direct
Footnotes
  1. These shares were sold at the weighted average price per share of $24.37, which is based on multiple sale prices ranging from $24.33 to $24.40. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
  2. Nonqualified Stock Option ("NQSO") granted on November 13, 2008, 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.