X0306 4 2013-03-13 0 0000060714 LSB INDUSTRIES INC LXU 0001402465 Golsen Family LLC 16 SOUTH PENNSYLVANIA AVENUE OKLAHOMA CITY OK 73107 0 0 1 0 Common Stock 15392 D Common Stock 2013-03-13 4 S 0 34000 39.42 D 1761354 I By SBL Series B Preferred Common Stock 133333 4000 D Series B Preferred Common Stock 533333 16000 I By SBL Series D Preferred Common Stock 250000 1000000 I By SBL Golsen Family, L.L.C. ("GFLLC") is owned by Jack E. Golsen, chief executive officer and chairman of the board of the Issuer, through his revocable trust (43.516%) and through another trust (43.516%), his sons, Barry H. Golsen, a director and the president of the Issuer (4.323%), and Steven J. Golsen, a director of the Issuer and an executive officer of a subsidiary of the Issuer (4.323%), and his daughter, Linda F. Rappaport (4.323%). SBL, LLC ("SBL") is owned by GFLLC (49%), Barry Golsen (17%), Steven Golsen (17%), and Linda Rappaport (17%). Golsen Petroleum Corporation ("GPC") is a wholly owned subsidiary of SBL. The amount shown in Table I includes 1,477,399 shares of common stock owned by SBL and 283,955 shares of common stock owned directly by GPC; 200,000 of these shares have been pledged as collateral. The amount shown in Table II includes 12,000 shares of the Issuer's Series B Preferred owned by SBL and 4,000 shares of the Issuer's Series B Preferred owned directly by GPC. Voting and dispositive power over the securities held by SBL and GPC is shared by Jack E. Golsen, who is the chief executive officer and chairman of the board of the Issuer, and Barry Golsen, a director and the president of the Issuer. Each share of the Issuer's Series "B" 12% Cumulative Preferred Stock is convertible, at the option of the holder into 33.3333 shares of the Issuer's common stock. Each share is convertible as long as such is outstanding. The Issuer's Series "D" 6% Cumulative, Convertible Class C Preferred Stock is convertible at the option of the holder into the Issuer's common stock at the rate of four shares of Preferred "D" for one share of common stock. Each share is convertible as long as such is outstanding. On March 13, 2013, SBL sold a total of 34,000 shares of the Issuer's common stock at the weighted average price per share of $39.42, which is based on multiple prices ranging from $39.24 to $39.68. 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 sold at each separate price within the range. Jack E. Golsen, Manager 2013-03-15