Delaware
|
73-1015226
|
(State
of Incorporation)
|
(I.R.S.
Employer)
Identification
No.)
|
16
South Pennsylvania Avenue
Oklahoma
City, Oklahoma
|
73107
|
(Address
of Principal Executive Offices)
|
(Zip
Code)
|
Title
of Each Class
|
Name
of Each Exchange
On
Which Registered
|
|
Common
Stock, Par Value $.10
|
American
Stock Exchange
|
Year
Ended
|
|
December
31,
|
2007
|
2006
|
Quarter
|
High
|
Low
|
High
|
Low
|
First
|
$
|
15.71
|
$
|
11.41
|
$
|
7.48
|
$
|
5.87
|
||||||
Second
|
$
|
23.70
|
$
|
14.76
|
$
|
9.19
|
$
|
6.95
|
||||||
Third
|
$
|
25.25
|
$
|
17.00
|
$
|
10.25
|
$
|
8.25
|
||||||
Fourth
|
$
|
28.85
|
$
|
20.54
|
$
|
13.20
|
$
|
8.50
|
·
|
the
amount of income taxes that ThermaClime would be required to pay if they
were not consolidated with us;
|
·
|
an
amount not to exceed fifty percent (50%) of ThermaClime's consolidated net
income during each fiscal year determined in accordance with generally
accepted accounting principles plus amounts paid to us within the first
bullet above, provided that certain other conditions are
met;
|
·
|
the
amount of direct and indirect costs and expenses incurred by us on behalf
of ThermaClime pursuant to a certain services
agreement;
|
·
|
amounts
under a certain management agreement between us and ThermaClime, provided
certain conditions are met, and
|
·
|
outstanding
loans entered into subsequent to November 2, 2007 in excess of $2.0
million at any time.
|
·
|
Series
D Preferred at the rate of $.06 a share payable on October 9, which
dividend is cumulative;
|
·
|
Non-Cumulative
Preferred at the rate of $10.00 a share payable April 1, which are
non-cumulative; and
|
·
|
Series
B Preferred at the rate of $12.00 a share payable January 1, which
dividend is cumulative.
|
|
·
|
$12.00
per share on our outstanding Series B Preferred for an aggregate dividend
of $240,000;
|
|
·
|
$
0.06 per share on our outstanding Series D Preferred for an aggregate
dividend of $60,000; and
|
|
·
|
$10.00
per share on our outstanding Non-Cumulative Preferred for an aggregate
dividend of $5,845.
|
LSB
INDUSTRIES, INC.
|
Dated:
|
By:
|
/s/
Jack E. Golsen
|
|||
March 27 , 2008 | Jack
E. Golsen
Chairman
of the Board and
Chief
Executive Officer
(Principal
Executive Officer)
|
Dated:
|
By:
|
/s/
Tony M. Shelby
|
|||
March 27 , 2008 | Tony
M. Shelby
Executive
Vice President of Finance
and
Chief Financial Officer
(Principal
Financial Officer)
|
Dated:
|
By:
|
/s/
Jim D. Jones
|
|||
March 27, 2008 | Jim
D. Jones
Senior
Vice President,
Corporate
Controller and Treasurer
(Principal
Accounting Officer)
|
Dated:
|
By:
/s/ Jack E. Golsen
|
March
27, 2008
|
Jack
E. Golsen, Director
|
Dated:
|
By:
/s/ Tony M. Shelby
|
March
27, 2008
|
Tony
M. Shelby, Director
|
Dated:
|
By:
/s/ Barry H. Golsen
|
March
27, 2008
|
Barry
H. Golsen, Director
|
Dated:
|
By:
/s/ David R. Goss
|
March
27, 2008
|
David
R. Goss, Director
|
Dated:
|
By:
/s/ Raymond B. Ackerman
|
March
27, 2008
|
Raymond
B. Ackerman, Director
|
Dated:
|
By:
/s/ Robert C. Brown MD
|
March
27, 2008
|
Robert
C. Brown MD, Director
|
Dated:
|
By:
/s/ Charles A. Burtch
|
March
27, 2008
|
Charles
A. Burtch, Director
|
Dated:
|
By:
/s/ Robert A. Butkin
|
March
27, 2008
|
Robert
A. Butkin, Director
|
Dated:
|
By:
/s/Bernard G. Ille
|
March
27, 2008
|
Bernard
G. Ille, Director
|
Dated:
|
By:
/s/ Donald W. Munson
|
March
27, 2008
|
Donald
W. Munson, Director
|
Dated:
|
By:
/s/ Ronald V. Perry
|
March
27, 2008
|
Ronald
V. Perry, Director
|
Dated:
|
By:
/s/ Horace G. Rhodes
|
March
27, 2008
|
Horace
G. Rhodes, Director
|
Dated:
|
By:
/s/ John A. Shelley
|
March
27, 2008
|
John
A. Shelley, Director
|
Exhibit
Number
|
Description |
|
31.1
|
Certification
of Jack E. Golsen, Chief Executive Officer, pursuant to Sarbanes-Oxley Act
of 2002, Section 302.
|
|
31.2
|
Certification
of Tony M. Shelby, Chief Financial Officer, pursuant to Sarbanes-Oxley Act
of 2002, Section 302.
|
|
32.1
|
Certification
of Jack E. Golsen, Chief Executive Officer, furnished pursuant to
Sarbanes-Oxley Act of 2002, Section 906.
|
|
32.2
|
Certification
of Tony M. Shelby, Chief Financial Officer, furnished pursuant to
Sarbanes-Oxley Act of 2002, Section
906.
|