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LSB INDUSTRIES, INC. Director's Dealing 2008

Jun 23, 2008

32699_dirs_2008-06-23_30d9e294-47dc-4e5c-b3b7-9bb019b809e0.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: LSB INDUSTRIES INC (LXU)
CIK: 0000060714
Period of Report: 2008-06-05

Reporting Person: RYDLUND PAUL (Senior Vice President)

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 0 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Incentive Stock Option $2.73 2011-11-29 Common Stock (10000) Direct
Incentive Stock Option $5.10 2015-11-17 Common Stock (8000) Direct

Footnotes

F1: This Form 3 is filed in respect of the reporting person's appointment as a Senior Vice President of the Issuer.

F2: Incentive Stock Options ("ISO") granted by the Issuer to the reporting person under the Issuer's Stock Option Plan. Each ISO allows the purchase of shares of the Issuer's common stock upon the exercise thereof. Each ISO is for a period of ten years from the date of grant, and each ISO became fully vested on or prior to December 31, 2005. As of the date of this report, the total number of shares underlying all ISOs held by the reporting person is 18,000.