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