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LSB INDUSTRIES, INC. Director's Dealing 2011

May 11, 2011

32699_dirs_2011-05-11_be31d88f-5716-43b9-94e7-1842b98ef261.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: 2011-05-09

Reporting Person: SHEAR DAVID MICHAEL (Senior VP/General Counsel/Sec)
Reporting Person: SHEAR HEIDI L BROWN (VP/Managing Counsel/Asst Sec)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-05-09 Common Stock S 5000 $44.95 Disposed 35581 Indirect

Footnotes

F1: The designated reporting person is David M. Shear. Mr. Shear's spouse, Heidi L. Brown Shear, jointly files this report with Mr. Shear. Heidi Shear is Vice President, Managing Counsel and Assistant Secretary of the Issuer. These shares are held in an account jointly owned by David Shear's revocable trust, of which he is settlor and trustee, and Heidi Shear's revocable trust, of which she is settlor and trustee.

F2: These shares were sold pursuant to a Rule 10b5-1 sales plan, dated March 25, 2011.