Filing Details

Accession Number:
0001140361-11-015806
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-03-10 18:56:59
Reporting Period:
2011-03-07
Filing Date:
2011-03-10
Accepted Time:
2011-03-10 18:56:59
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
1106790 G Horace Rhodes 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 Disposition 2011-03-07 500 $35.19 0 No 4 S Indirect By Spouse's Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By Spouse's Trust
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 1,000 Direct
Common Stock 10,000 Indirect By Trust
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Nonqualified Stock Option $7.86 5,000 5,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
5,000 5,000 Direct
Footnotes
  1. These shares are held by the reporting person's revocable trust of which the reporting person is the settlor and trustee and possesses a pecuniary interest in the securities held by the Trust.
  2. These shares are held by the revocable trust of the reporting person's spouse of which the reporting person's spouse is the settlor and co-trustee and possesses a pecuniary interest in the securities held by the Trust.
  3. Nonqualified Stock Option ("NQSO") granted 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.