X0306 4 2015-10-14 0 0001624794 CSW INDUSTRIALS, INC. CSWI 0001202405 TACKE KELLY 5400 LYNDON B. JOHNSON FREEWAY, SUITE 1300 DALLAS TX 75240 0 1 0 0 See Remarks Stock Options (right to buy) 23.11 2015-10-14 4 A 0 10043 0.00 A 2024-01-20 Common Stock 10043 10043 D Stock Options (right to buy) 23.11 2015-10-14 4 A 0 14854 0.00 A 2024-01-20 Common Stock 14854 14854 D Stock Options (right to buy) 25.23 2015-10-14 4 A 0 85981 0.00 A 2024-08-28 Common Stock 85981 85981 D Grant of stock options received in connection with the spin-off of Issuer from Capital Southwest Corporation ("CSWC") on September 30, 2015 (the "Spin-Off") and converted from CSWC stock options held by the Reporting Person as of the Spin-Off pursuant to the Amended and Restated Employee Matters Agreement between CSWC and the Issuer, dated September 14, 2015. One-fifth of the stock options are vested. The remaining four-fifths of the options will vest in four equal annual installments beginning January 20, 2016. One-fifth of the stock options are vested. The remaining four-fifths of the options will vest in four equal annual installments beginning January 20, 2016. One-third of the stock options will vest on the 90th day following the Spin-Off (the "Trigger Event Date"), one-third of the stock options with vest on the first anniversary of the Trigger Event Date and one-third of the stock options will vest on the second anniversary of the Trigger Event Date. Chief Financial Officer, Treasurer and Secretary /s/ Kelly Tacke 2015-10-16