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Schedule 13G
CUSIP No. 502160104		Page 9 of 16 Pages

Schedule 13G
CUSIP No. 502160104		Page 11 of 16 Pages

 

Item 1(a).

Name of Issuer:

LSB Industries, Inc.

Item 1(b).

Address of Issuer's Principal Executive Offices:

16 South Pennsylvania Avenue, Oklahoma City, OK 73107

Item 2(a).

Name of Persons Filing:

This statement is filed by (collectively, the "Reporting Persons")

(v)         Kenneth R. Wasiak ("Wasiak"), a United States citizen;

Item 2(b).

Address of Principal Business Office or, if None, Residence:

The principal business address of each of Mr. Robotti, ROBT, Robotti Advisors, Robotti & Company and Mr. Vitetta is 60 East 42^nd Street, Suite 3100, New York, NY 10165.

The principal business address of each of RMC, RIC, and RI is 104 Gloucester Road, Massapequa, New York, 11758.

The principal business address of Mr. Wasiak is 488 Madison Avenue, New York, New York 10022.

 

Item 2(c).

Citizenship:

See Item 2(a)

Item 2(d).

Title of Class of Securities:

Common Stock, par value $0.10 per share (the "Common Stock")

Item 2(e).

CUSIP Number

502160104

Item 3.

If this Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a:

Not Applicable

 

Schedule 13G
CUSIP No. 502160104		Page 12 of 16 Pages

 

Item 4.

Ownership

(i) Mr. Robotti: (1)

(a) Amount beneficially owned: 1,188,949shares

(b) Percent of class: 5.21%

(c) Number of shares as to which such person has:

(i) Sole power to vote or direct the vote: 0 shares

(ii) Shared power to vote or to direct the vote: 1,188,949 shares

(iii) Sole power to dispose or to direct the disposition of: 0 shares

(iv) Shared power to dispose or to direct the disposition of: 1,188,949 shares

(ii) ROBT: (1)

(a) Amount beneficially owned: 1,188,949 shares

(b) Percent of class: 5.21%

(c) Number of shares as to which such person has:

(i) Sole power to vote or direct the vote: 0 shares

(ii) Shared power to vote or to direct the vote: 1,188,949 shares

(iii) Sole power to dispose or to direct the disposition of: 0 shares

(iv) Shared power to dispose or to direct the disposition of: 1,188,949 shares

(iii) Robotti Advisors: (1)

(a) Amount beneficially owned: 1,180,556 shares

(b) Percent of class: 5.18%

(c) Number of shares as to which such person has:

(i) Sole power to vote or direct the vote: 0 shares

(ii) Shared power to vote or or to direct the vote: 1,180,556 shares

(iii) Sole power to dispose or to direct the disposition of: 0 shares

(iv) Shared power to dispose or to direct the disposition of: 1,180,556 shares

(iv) Robotti & Company: (1)

(a) Amount beneficially owned: 8,223 shares

(b) Percent of class: less than one percent

(c) Number of shares as to which such person has:

(i) Sole power to vote or direct the vote: 0 shares

(ii) Shared power to vote or to direct the vote: 8,223 shares

(iii) Sole power to dispose or to direct the disposition of: 0 shares

(iv) Shared power to dispose or to direct the disposition of: 8,223 shares

(v) Mr. Wasiak: (1)

(a) Amount beneficially owned: 545,201 shares

(b) Percent of class: 2.39%

(c) Number of shares as to which such person has:

(i) Sole power to vote or direct the vote: 0 shares

(ii) Shared power to vote or to direct the vote: 545,201 shares

(iii) Sole power to dispose or to direct the disposition of: 0 shares

(iv) Shared power to dispose or to direct the disposition of: 545,201 shares

(vi) RMC: (1)

(a) Amount beneficially owned: 545,201 shares

(b) Percent of class: 2.39%

(c) Number of shares as to which such person has:

(i) Sole power to vote or direct the vote: 0 shares

(ii) Shared power to vote or to direct the vote: 545,201 shares

(iii) Sole power to dispose or to direct the disposition of: 0 shares

(iv) Shared power to dispose or to direct the disposition of: 545,201 shares

 

Schedule 13G
CUSIP No. 502160104		Page 13 of 16 Pages

 

(vii) RIC: (1)

(a) Amount beneficially owned: 375,559 shares

(b) Percent of class: 1.65%

(c) Number of shares as to which such person has

(i) Sole power to vote or direct the vote: 0 shares

(ii) Shared power to vote or to direct the vote: 375,559 shares

(iii) Sole power to dispose or to direct the disposition of: 0 shares

(iv) Shared power to dispose or to direct the disposition of: 375,559 shares

(vii) RI: (1)

(a) Amount beneficially owned: 169,642 shares

(b) Percent of class: less than one percent

(c) Number of shares as to which such person has

(i) Sole power to vote or direct the vote: 0 shares

(ii) Shared power to vote or to direct the vote: 169,642 shares

(iii) Sole power to dispose or to direct the disposition of: 0 shares

(iv) Shared power to dispose or to direct the disposition of: 169,642 shares

(viii) Mr. Vitetta: (1)

(a) Amount beneficially owned: 30 shares

(b) Percent of class: less than one percent

(c) Number of shares as to which such person has

(i) Sole power to vote or direct the vote: 30 shares

(ii) Shared power to vote or to direct the vote:  0 shares

(iii) Sole power to dispose or to direct the disposition of: 30 shares

(iv) Shared power to dispose or to direct the disposition of: 0 shares

* Based on an aggregate of 22,811,262 shares of Common Stock, par value $0.10 per share, outstanding as of October 30, 2015, as disclosed in the Issuer's Quarterly Report on Form 10-Q, for the quarter ended September 30, 2015.

(1)  Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein by the other Reporting Persons and any other person named herein.  Each of the Reporting Persons disclaims membership in a "group" within the meaning of Section 13(d)(3) of the Securities Exchange Act of 1934 (the "Exchange Act") or Rule 13d-5(b)(1) under the Exchange Act with any other Reporting Person or other person.

Item 5.

Ownership of Five Percent or Less of a Class.

Not Applicable.

Item 6.

Ownership of More than Five Percent on Behalf of Another Person.

Robotti & Company's discretionary customers and Robotti Advisors' clients have the right to receive and the power to direct the receipt of dividends from, and the proceeds from the sale of, Common Stock owned by them.  Except as set forth in the immediately preceding sentence, no person other than the Reporting Persons is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such Common Stock beneficially owned by the Reporting Persons.  No discretionary customer or client is known to any Reporting Person to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, more than five percent of the Issuer's Common Stock.

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.

See Item 2 and Note (1) in Item 4.

 

Schedule 13G
CUSIP No. 502160104		Page 14 of 16 Pages

 

Item 8.

Identification and Classification of Members of the Group.

See Item 2 and Note (1) in Item 4.

Item 9.

Notice of Dissolution of Group.

Not Applicable.

Item 10.

Certifications:

By signing below we certify that, to the best of our knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §240.14a-11.

 

Schedule 13G
CUSIP No. 502160104		Page 15 of 16 Pages

 

SIGNATURE

After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct.

 

Schedule 13G
CUSIP No. 502160104		Page 16 of 16 Pages

 

Exhibit 1

JOINT FILING AGREEMENT

The undersigned hereby agree to the joint filing of the Statement on Schedule 13G filed herewith, and any amendments thereto, relating to the Common Stock, par value $0.10 per share, of LSB Industries, Inc., with the Securities and Exchange Commission pursuant to and in accordance with the provisions of Rule 13d-1(k)(1)(iii) under the Securities Exchange Act of 1934, as amended.

This Agreement may be executed in separate counterparts, each of which shall be deemed an original, but all of which shall constitute one and the dame instrument.

 

 

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