0001140361-11-019351.txt : 20110330 0001140361-11-019351.hdr.sgml : 20110330 20110330130524 ACCESSION NUMBER: 0001140361-11-019351 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110328 FILED AS OF DATE: 20110330 DATE AS OF CHANGE: 20110330 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BROWN ROBERT C MD CENTRAL INDEX KEY: 0001260292 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-07677 FILM NUMBER: 11721280 MAIL ADDRESS: STREET 1: 16 SOUTH PENNSYLVANIA AVENUE CITY: OKLAHOMA CITY STATE: OK ZIP: 73107 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: LSB INDUSTRIES INC CENTRAL INDEX KEY: 0000060714 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL INORGANIC CHEMICALS [2810] IRS NUMBER: 731015226 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 16 S PENNSYLVANIA CITY: OKLAHOMA CITY STATE: OK ZIP: 73101 BUSINESS PHONE: 4052354546 MAIL ADDRESS: STREET 1: 16 SOUTH PENNSYLVANIA CITY: OKLAHOMA CITY STATE: OK ZIP: 73101 4 1 doc1.xml FORM 4 X0303 4 2011-03-28 0 0000060714 LSB INDUSTRIES INC LXU 0001260292 BROWN ROBERT C MD 16 SOUTH PENNSYLVANIA AVENUE OKLAHOMA CITY OK 73107 1 0 0 0 Common Stock 2011-03-28 4 S 0 10000 40.00 D 21160 I By Trust and Spouse's Trust Common Stock 2011-03-28 4 S 0 10000 40.00 D 40727 I By Robert C. Brown, M.D., Inc. Nonqualified Stock Option 7.86 2018-11-13 Common Stock 5000 5000 D These shares were sold pursuant to a Rule 10b5-1 sales plan, dated March 10, 2011. These shares are held in a joint account owned by the Robert C. Brown Revocable Trust, DTD 08/27/99, of which the reporting person is settlor and trustee and the Zelda F. Brown Revocable Trust, DTD 08/27/99, of which the reporting person's spouse is settlor and trustee. These shares were sold pursuant to a Rule 10b5-1 sales plan, dated March 10, 2011. 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 ten years from November 13, 2008, 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. Robert C. Brown, M.D. 2011-03-30