Mark T. Behrman - Oct 28, 2021 Form 4 Insider Report for LSB INDUSTRIES INC (LXU)

Role: CEO and President, Director
Signature: /s/ Mark T. Behrman
Stock symbol: LXU
Transactions as of: Oct 28, 2021
Transactions value $: $0
Form type: 4
Date filed: 10/29/2021, 03:54 PM
Previous filing: Sep 28, 2021
Next filing: Jan 3, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LXU	Common Stock	Award	$0	+244K	+13.77%	$0.00	2.01M	Oct 28, 2021	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents additional shares granted pursuant to previously reported restricted stock awards in respect of the satisfaction of performance conditions above the target performance level previously reported. Following satisfaction of the performance conditions, such restricted stock awards remain subject to the time-based vesting conditions set forth in the applicable award agreement and the Company's 2016 Long Term Incentive Plan, as amended and restated March 4, 2021. No consideration was paid for the issuance of the additional shares pursuant to the restricted stock award agreements.
F2	Includes shares received as a stock dividend paid on October 8, 2021, to all holders of record of common stock of the Company on September 24, 2021. The stock dividend is exempt from Section 16 of the Securities Exchange Act of 1934, as amended, pursuant to Rule 16a-9 thereunder.

Content

Represents additional shares granted pursuant to previously reported restricted stock awards in respect of the satisfaction of performance conditions above the target performance level previously reported. Following satisfaction of the performance conditions, such restricted stock awards remain subject to the time-based vesting conditions set forth in the applicable award agreement and the Company's 2016 Long Term Incentive Plan, as amended and restated March 4, 2021. No consideration was paid for the issuance of the additional shares pursuant to the restricted stock award agreements.

Includes shares received as a stock dividend paid on October 8, 2021, to all holders of record of common stock of the Company on September 24, 2021. The stock dividend is exempt from Section 16 of the Securities Exchange Act of 1934, as amended, pursuant to Rule 16a-9 thereunder.