RICHARD ROEDEL - 18 Dec 2023 Form 4 Insider Report for LSB INDUSTRIES, INC. (LXU)

Role: Director
Signature: /s/ Michael J. Foster
Issuer symbol: LXU
Transactions as of: 18 Dec 2023
Net transactions value: +$152,499
Form type: 4
Filing time: 20 Dec 2023, 10:08:10 UTC
Previous filing: 03 Oct 2023
Next filing: 03 Jan 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LXU	Common Stock	Award	$152,499	+16,576	+20%	$9.20	98,927	18 Dec 2023	Direct	F1

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

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id	Content
F1	Restricted Stock Units granted pursuant to the LSB Industries, Inc. 2016 Long Term Incentive Plan, as amended. Each Restricted Stock Unit represents a right to receive one share of common stock of LXU which, following the December 18, 2023 grant date, shall be nonforfeitable. Pursuant to the terms of the LSB Industries, Inc. Nonqualified Deferred Compensation Plan for Non-Employee Directors, the Restricted Stock Units will be settled in common stock of LXU within 90 days following the earlier to occur of: (i) the director's separation from service and (ii) the occurrence of a change of control.

Content

Restricted Stock Units granted pursuant to the LSB Industries, Inc. 2016 Long Term Incentive Plan, as amended. Each Restricted Stock Unit represents a right to receive one share of common stock of LXU which, following the December 18, 2023 grant date, shall be nonforfeitable. Pursuant to the terms of the LSB Industries, Inc. Nonqualified Deferred Compensation Plan for Non-Employee Directors, the Restricted Stock Units will be settled in common stock of LXU within 90 days following the earlier to occur of: (i) the director's separation from service and (ii) the occurrence of a change of control.