X0306 4 2015-09-18 0 0001624794 CSW INDUSTRIALS, INC. CSWI 0001413614 Armes Joseph B 5400 LYNDON B. JOHNSON FREEWAY, SUITE 1300 DALLAS TX 75240 1 1 0 0 Chief Executive Officer Common Stock 2015-09-18 4 J 0 47000 0.00 A 47000 D Common Stock 2015-09-18 4 J 0 9502 0.00 A 9502 I JBA Family Partners, L.P. Reporting Person will acquire the shares as a result of the spin-off of Issuer from Capital Southwest Corporation ("CSWC") that will be completed on September 30, 2015 (the "Spin-Off"). The record date for the Spin-Off was September 18, 2015. The Reporting Person will receive one share of common stock of the Issuer for every one share of CSWC common stock that the Reporting Person owned as of the record date. These shares are held by JBA Family Partners, LP, a limited partnership of which the Reporting Person and his wife are 50% owners of the general partner. /s/ Joseph B. Armes 2015-09-22