Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
GOSS DAVID R
   2. Issuer Name and Ticker or Trading Symbol
LSB INDUSTRIES INC [LXU] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Ex VP-Operations/Asst Sec
(Last)
(First)
(Middle)
16 SOUTH PENNSYLVANIA AVENUE		 3. Date of Earliest Transaction (Month/Day/Year)
05/13/2009
(Street)

OKLAHOMA CITY, OK 73107		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 05/13/2009   J(1) V 600 D $ 0 0 I As UGMA Custodian (1)
Common Stock 05/20/2009   S   10,300 D $ 14.65 (2) 160,694 D  
Common Stock 05/20/2009   F   8,673 D $ 14.09 152,021 D  
Common Stock 05/20/2009   M   65,000 A $ 1.25 217,021 D  
Common Stock 05/20/2009   M   15,000 A $ 2.73 232,021 D  

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Incentive Stock Option (3) $ 2.73 05/20/2009   M     15,000   (3) 11/29/2011 Common Stock 15,000 $ 0 0 D  
Incentive Stock Option (3) $ 1.25 05/20/2009   M     65,000   (3) 07/08/2009 Common Stock 65,000 $ 0 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
GOSS DAVID R
16 SOUTH PENNSYLVANIA AVENUE
OKLAHOMA CITY, OK 73107		   X     Ex VP-Operations/Asst Sec  

Signatures

 David R. Goss   05/21/2009
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The reporting person resigned as custodian of this account over which the reporting person possessed no pecuniary interest.
(2) On May 20, 2009, the reporting person sold a total of 10,300 shares of the Issuer?s common stock at the weighted average price per share of $14.65, which is based on the following sales of the Issuer's common stock at the respective price per share: (a) $14.69 - 5,300 shares, (b) $14.60 - 2,500 shares, (c) $14.58 - 1,568 shares, and (d) $14.63 - 932 shares.
(3) Incentive Stock Options ("ISO") granted by the Issuer to the reporting person. All ISOs the reporting person holds are currently exercisable. As of the date of this report, the total number of shares underlying the ISOs the reporting person holds is zero.

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