Golsens to sell up to 100,000 LSB shares

Oklahoma City-LSB Industries Inc. reports that the Golsen Family LLC (GFLLC) has established a trading plan under which some 100,000 shares of LSB stock can be sold during a one-year period beginning Sept. 16, 2010. The stock price cannot be less than $19 per share. The plan is part of the GFLLC long-term estate and tax planning strategy. All of the outstanding membership interests in GFLLC are beneficially owned, directly or indirectly, by Jack Golsen (LSB CEO and chairman of the board) and members of his family, including Barry Golsen (president and member of the board) and Steven Golsen (president of certain subsidiaries of the company).