LSB INDUSTRIES, INC. — Director's Dealing 2015

Jun 29, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LSB INDUSTRIES INC (LXU)
CIK: 0000060714
Period of Report: 2015-06-26

Reporting Person: ADAMS MICHAEL G (VP-Financial Planning)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-06-26	Common Stock	M	3575	$7.86	Acquired	18000	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-06-26	Incentive Stock Option	$7.86	M	3575	Disposed	2018-11-13	Common Stock (0)	Direct

Footnotes

F1: On June 26, 2015, the reporting person exercised his remaining Incentive Stock Options for 3,575 shares of the Issuer's common stock and immediately transferred these shares of common stock into the reporting person's revocable trust of which he is the settlor and trustee and possesses a pecuniary interest in the securities held by the trust.

F2: Incentive Stock Options ("ISO") granted by the Issuer to the reporting person under the Issuer's Incentive Stock Option Plans. An ISO for 15,000 shares of the Issuer's common stock exercisable at $7.86, with an expiration date of November 13, 2018, was granted to the reporting person on November 13, 2008. This ISO vested 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 ISO is fully vested. As of the date of this report, the total number of shares underlying the ISO held by the reporting person is 0.