LSB INDUSTRIES, INC. — Director's Dealing 2015

Aug 11, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LSB INDUSTRIES INC (LXU)
CIK: 0000060714
Period of Report: 2015-08-11

Reporting Person: BEHRMAN MARK T (EVP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-08-11	Common Stock	P	3000	$25.15	Acquired	4000	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Nonqualified Stock Option	$32.69	2024-03-03	Common Stock (150000)	150000	Direct
Nonqualified Stock Option	$42.65	2025-06-25	Common Stock (50000)	50000	Direct

Footnotes

F1: On August 11, 2015, the reporting person purchased a total of 3,000 shares of the Issuer's common stock at the weighted average price per share of $25.15, which is based on multiple purchase prices ranging from $24.65 to $25.47 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 purchased at each separate price within the range.

F2: Nonqualified Stock Option ("NQSO") granted by the Issuer to the reporting person under the Issuer's 2008 Incentive Stock Plan. The NQSO is for a term of 10 years from the date of grant, and the exercise price of the NQSO is based on the fair market value of the Issuer's common stock on the date of grant. This NQSO 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 NQSO will be fully vested at the end of year six.