0001140361-11-026903.txt : 20110512 0001140361-11-026903.hdr.sgml : 20110512 20110512151629 ACCESSION NUMBER: 0001140361-11-026903 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110510 FILED AS OF DATE: 20110512 DATE AS OF CHANGE: 20110512 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: ACKERMAN RAYMOND BASIL CENTRAL INDEX KEY: 0001260291 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-07677 FILM NUMBER: 11835508 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 2011-05-10 0 0000060714 LSB INDUSTRIES INC LXU 0001260291 ACKERMAN RAYMOND BASIL 16 SOUTH PENNSYLVANIA AVENUE OKLAHOMA CITY OK 73107 1 0 0 0 Common Stock 2011-05-10 4 S 0 1000 46.13 D 6600 I By Spouse's Trust Common Stock 1450 I By Trust Nonqualified Stock Option 7.86 2018-11-13 Common Stock 5000 5000 D These shares are held by the Lucille F. Ackerman Living Trust, a revocable trust, of which the reporting person's spouse is the settlor and trustee and possesses a vested interest in the income and corpus of the trust. These shares are held by the Raymond B. Ackerman Living Trust, a revocable trust, of which Mr. Ackerman is the settlor and trustee and possesses a vested interest in the income and corpus of the trust. 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. Raymond B. Ackerman 2011-05-12