4//SEC Filing
LSB Funding LLC 4
Accession 0000899243-21-037796
CIK 0000060714other
Filed
Sep 26, 8:00 PM ET
Accepted
Sep 27, 4:42 PM ET
Size
6.5 KB
Accession
0000899243-21-037796
Insider Transaction Report
Form 4
LSB Funding LLC
10% Owner
Transactions
- Other
Common Stock
2021-09-27$6.16/sh+49,066,005$302,246,591→ 53,135,329 total
Footnotes (2)
- [F1]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;
- [F2](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.
Documents
Issuer
LSB INDUSTRIES INC
CIK 0000060714
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001660229
Filing Metadata
- Form type
- 4
- Filed
- Sep 26, 8:00 PM ET
- Accepted
- Sep 27, 4:42 PM ET
- Size
- 6.5 KB