0000899243-21-037796.txt : 20210927 0000899243-21-037796.hdr.sgml : 20210927 20210927164203 ACCESSION NUMBER: 0000899243-21-037796 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210927 FILED AS OF DATE: 20210927 DATE AS OF CHANGE: 20210927 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: LSB Funding LLC CENTRAL INDEX KEY: 0001660229 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-07677 FILM NUMBER: 211282174 BUSINESS ADDRESS: STREET 1: 350 PARK AVENUE STREET 2: 14TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-607-0543 MAIL ADDRESS: STREET 1: 350 PARK AVENUE STREET 2: 14TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 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: 3503 NW 63RD STREET STREET 2: SUITE 500 CITY: OKLAHOMA CITY STATE: OK ZIP: 73116 BUSINESS PHONE: 4052354546 MAIL ADDRESS: STREET 1: 3503 NW 63RD STREET STREET 2: SUITE 500 CITY: OKLAHOMA CITY STATE: OK ZIP: 73116 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2021-09-27 0 0000060714 LSB INDUSTRIES INC LXU 0001660229 LSB Funding LLC 600 STEAMBOAT ROAD GREENWICH CT 06830 0 0 1 0 Common Stock 2021-09-27 4 J 0 49066005 6.16 A 53135329 D On July 19, 2021, the Reporting Person and the Issuer entered into a Securities Exchange Agreement (the "Securities Exchange Agreement"), pursuant to which the Reporting Person and the Issuer agreed to exchange, on the terms and subject to the conditions set forth therein, (a) the 139,768 shares of Series E-1 Cumulative Redeemable Class C Preferred Stock of the Issuer (the "Series E-1 Preferred Stock") held by the Reporting Person for shares of Common Stock and (b) the one (1) share of Series F-1 Preferred Stock held by the Reporting Person for shares of Common Stock (the "Series F-1 Preferred Stock" and, together with the Series E-1 Preferred Stock, the "Preferred Stock"), based on the liquidation preference and redemption price, respectively, of the Preferred Stock and a volume weighted average exchange price of $6.16 per share of Common Stock; (Continued from footnote 1), provided, that the aggregate number of shares of Common Stock issuable pursuant to clauses (a) and (b) above will be reduced by the number of shares of Common Stock that the Reporting Person will receive in respect of the payment of a dividend on the Common Stock described in the Securities Exchange Agreement (such net number of shares of Common Stock to be issued, the "Issued Shares" and such transactions, the "Exchange"). On September 27, 2021, the Exchange was consummated and the Issuer issued 49,066,005 Issued Shares to the Reporting Person. s/ Todd Boehly, Manager 2021-09-27