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LSB INDUSTRIES, INC. Director's Dealing 2010

Aug 11, 2010

32699_dirs_2010-08-11_fce90619-1831-4f7d-b2c7-2712a42ad43f.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: 2010-08-10

Reporting Person: RYDLUND PAUL (Senior Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-08-10 Common Stock S 1600 $16.077 Disposed 1270 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Incentive Stock Option $2.73 2011-09-29 Common Stock (3500) 3500 Direct
Incentive Stock Option $5.10 2015-11-17 Common Stock (8000) 8000 Direct

Footnotes

F1: Incentive Stock Options ("ISO") granted by the Issuer to the reporting person under the Issuer's incentive stock option plan. Each ISO allows the purchase of shares of the Issuer's common stock upon the exercise thereof. Each ISO expires 10 years from the date of grant, and each ISO is currently fully vested and exercisable. As of the date of this report, the total number of shares of common stock underlying all ISOs is 11,500.