0001140361-11-019907.txt : 20110401
0001140361-11-019907.hdr.sgml : 20110401
20110401093912
ACCESSION NUMBER: 0001140361-11-019907
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110331
FILED AS OF DATE: 20110401
DATE AS OF CHANGE: 20110401
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: ADAMS MICHAEL G
CENTRAL INDEX KEY: 0001175126
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-07677
FILM NUMBER: 11728916
MAIL ADDRESS:
STREET 1: 16 SOUTH PENNSYLVANIA
CITY: OKLAHOMA CITY
STATE: OK
ZIP: 73107
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: LSB INDUSTRIES INC
CENTRAL INDEX KEY: 0000060714
STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL INORGANIC CHEMICALS [2810]
IRS NUMBER: 731015226
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 16 S PENNSYLVANIA
CITY: OKLAHOMA CITY
STATE: OK
ZIP: 73101
BUSINESS PHONE: 4052354546
MAIL ADDRESS:
STREET 1: 16 SOUTH PENNSYLVANIA
CITY: OKLAHOMA CITY
STATE: OK
ZIP: 73101
4
1
doc1.xml
FORM 4
X0303
4
2011-03-31
0
0000060714
LSB INDUSTRIES INC
LXU
0001175126
ADAMS MICHAEL G
16 SOUTH PENNSYLVANIA AVENUE
OKLAHOMA CITY
OK
73107
0
1
0
0
VP/Corporate Controller
Common Stock
2011-03-31
4
S
0
5000
39.45
D
4600
I
By Trust
Incentive Stock Option
7.86
2018-11-13
Common Stock
15000
15000
D
Incentive Stock Option
2.73
2011-11-29
Common Stock
10000
10000
D
On March 31, 2011, the reporting person sold a total of 5,000 shares of the Issuer's common stock at the weighted average price per share of $39.45, which is based on multiple prices ranging from $39.45 to $39.47 per share. 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.
These shares are held by the reporting person's revocable trust of which he is the settlor and trustee and possesses a pecuniary interest in the securities held by the trust.
Incentive Stock Option ("ISO") granted by the Issuer to the reporting person under the Issuer's Incentive Stock Option Plans. Each ISO is for a term of ten years from the date of grant. An ISO for 10,000 shares of the Issuer's common stock exercisable at $2.73, with an expiration date of November 29, 2011, was granted to the reporting person on November 29, 2001. This ISO is fully vested. An ISO for 15,000 shares of the Issuer's common stock exercisable at $7.86, with an expiration date of November 13, 2018, was granted to the reporting person on November 13, 2008. This ISO 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 ISO will be fully vested at the end of year six. As of the date of this report, the total number of shares underlying the two ISOs is 25,000.
Michael G. Adams
2011-03-31