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LSB INDUSTRIES, INC. Director's Dealing 2022

Jan 24, 2022

32699_dirs_2022-01-24_9e3665a5-20d4-4e42-80fa-657b9aaa612e.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: 2022-01-20

Reporting Person: Foster Michael J. (EVP/General Counsel/Sec)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-01-20 Common Stock A 38840 $10.35 Acquired 494685 Direct
2022-01-21 Common Stock F 15763 $9.85 Disposed 478922 Direct
2022-01-21 Common Stock F 7308 $9.85 Disposed 471614 Direct

Footnotes

F1: Restricted Stock Units ("RSU") awarded pursuant to the LSB Industries, Inc. 2016 Incentive Stock Plan (as amended). Fifty percent of the RSU grant is time-based and fifty percent is performance-based. For the time-based awards, one-third of the award will vest on the first anniversary of the grant date, and each subsequent anniversary, such that 100% of the time based RSU award shall be vested on the third anniversary of the grant date. The performance-based RSUs granted under this award will vest on the third anniversary of the grant date subject to the achievement of certain performance metrics established by the Board of Directors as set out in the grant. Upon third anniversary grant may be modified in a range between 0 and 200% based upon achievement of the performance goals.

F2: Shares withheld to pay taxes upon vesting of Restricted Stock Award previously awarded pursuant to the LSB Industries, Inc. 2016 Long Term Incentive Plan.