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LSB INDUSTRIES, INC. Director's Dealing 2010

Dec 30, 2010

32699_dirs_2010-12-30_5b468453-381e-4ddd-8816-57a3692ed947.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LSB INDUSTRIES INC (LXU)
CIK: 0000060714
Period of Report: 2010-12-29

Reporting Person: TEPPER MICHAEL DAWE (Sr. VP-Int'l Operations)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-12-29 Common Stock S 7455 $23.53 Disposed 52000 Indirect

Footnotes

F1: These shares were sold at the weighted average price per share of $23.53, which is based on multiple sale prices ranging from $23.48 to $23.5543. 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.

F2: These shares are held by the reporting person's revocable trust, of which the reporting person is the trustee and exercises investment and dispositive control over the trust's portfolio securities.

F3: Includes 2,000 shares previously owned directly, which were contributed by the reporting person to his revocable trust. See footnote (2).