SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 22)
LSB INDUSTRIES, INC.
--------------------
(Name of Issuer)
COMMON STOCK, PAR VALUE $.10
------------------------------
(Title of Class of Securities)
5021600-10-4
-------------
(CUSIP Number)
Jack E. Golsen
16 South Pennsylvania
Oklahoma City, Oklahoma 73107
(405) 235-4546
---------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
June 14, 1995
-------------------------------------------------------
(Date of Event Which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to
report the acquisition which is the subject of his Schedule 13D, and is filing
this schedule because of Rule 13d-1(b)(3) or (4), check the following box. [ ]
Check the following box if a fee is being paid with this statement [ ]. (A
fee is not required only if the reporting person: (1) has a previous
statement on file reporting beneficial ownership of more than five percent
(5%) of the class of securities described in Item 1; and (2) has filed no
amendment subsequent thereto reporting beneficial ownership of less than five
percent (5%) of such class. See Rule 13d-7.)
Note: Six (6) copies of this statement, including all exhibits, should be
filed with the Commission. See Rule 13d-1(a) for other parties to whom copies
are to be sent.
* The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
CUSIP NO. 5021600-10-4
(1) Names of Reporting Persons, Jack E. Golsen
S.S. or I.R.S. Identification ###-##-####
Nos. of Above Persons
(2) Check the Appropriate Box if (a) [ ]
a Member of a Group (See (b) [X]
Instructions)
(3) SEC Use Only
(4) Source of Funds (See Instruc- Not applicable
tions)
(5) Check if Disclosure of Legal
Proceedings is Required Pur-
suant to Items 2(d) or 2(e)
(6) Citizenship or Place of Organi- USA
zation
(7) Sole Voting Power 284,361
Number of Shares (8) Shared Voting Power 2,744,116
Beneficially
Owned by Each (9) Sole Dispositive 284,361
Reporting Person Power
With:
(10) Shared Dispositive 2,744,116
Power
(11) Aggregate Amount Beneficially 3,028,477
Owned by Each Reporting Person
(12) Check if the Aggregate Amount [X]
in Row (11) Excludes Certain
Shares (See Instructions)
(13) Percent of Class Represented 22.2%
by Amount in Row (11)
(14) Type of Reporting Person (See IN
Instructions)
(1) Names of Reporting Persons, Sylvia H. Golsen
S.S. or I.R.S. Identification ###-##-####
Nos. of Above Persons
(2) Check the Appropriate Box if (a) [ ]
a Member of a Group (See (b) [X]
Instructions)
(3) SEC Use Only
(4) Source of Funds (See Instruc- Not applicable
tions)
(5) Check if Disclosure of Legal
Proceedings is Required Pur-
suant to Items 2(d) or 2(e)
(6) Citizenship or Place of Organi- USA
zation
(7) Sole Voting Power -
Number of Shares (8) Shared Voting Power 2,744,116
Beneficially
Owned by Each (9) Sole Dispositive -
Reporting Person Power
With:
(10) Shared Dispositive 2,744,116
Power
(11) Aggregate Amount Beneficially 2,744,116
Owned by Each Reporting Person
(12) Check if the Aggregate Amount [X]
in Row (11) Excludes Certain
Shares (See Instructions)
(13) Percent of Class Represented 20.4%
by Amount in Row (11)
(14) Type of Reporting Person (See IN
Instructions)
(1) Names of Reporting Persons, Golsen Petroleum
S.S. or I.R.S. Identification Corporation
Nos. of Above Persons 73-079-8005
(2) Check the Appropriate Box if (a) [ ]
a Member of a Group (See (b) [X]
Instructions)
(3) SEC Use Only
(4) Source of Funds (See Instruc- Not applicable
tions)
(5) Check if Disclosure of Legal
Proceedings is Required Pur-
suant to Items 2(d) or 2(e)
(6) Citizenship or Place of Organi- Oklahoma
zation
(7) Sole Voting Power -
Number of Shares (8) Shared Voting Power 1,575,132
Beneficially
Owned by Each (9) Sole Dispositive -
Reporting Person Power
With:
(10) Shared Dispositive 1,575,132
Power
(11) Aggregate Amount Beneficially 1,575,132
Owned by Each Reporting Person
(12) Check if the Aggregate Amount
in Row (11) Excludes Certain
Shares (See Instructions)
(13) Percent of Class Represented 11.7%
by Amount in Row (11)
(14) Type of Reporting Person (See CO
Instructions)
(1) Names of Reporting Persons, Barry H. Golsen
S.S. or I.R.S. Identification ###-##-####
Nos. of Above Persons
(2) Check the Appropriate Box if (a) [ ]
a Member of a Group (See (b) [X]
Instructions)
(3) SEC Use Only
(4) Source of Funds (See Instruc- Not applicable
tions)
(5) Check if Disclosure of Legal
Proceedings is Required Pur-
suant to Items 2(d) or 2(e)
(6) Citizenship or Place of Organi- USA
zation
(7) Sole Voting Power 249,563
Number of Shares (8) Shared Voting Power 1,738,592
Beneficially
Owned by Each (9) Sole Dispositive 249,563
Reporting Person Power
With:
(10) Shared Dispositive 1,738,592
Power
(11) Aggregate Amount Beneficially 1,988,155
Owned by Each Reporting Person
(12) Check if the Aggregate Amount [X]
in Row (11) Excludes Certain
Shares (See Instructions)
(13) Percent of Class Represented 14.8%
by Amount in Row (11)
(14) Type of Reporting Person (See IN
Instructions)
(1) Names of Reporting Persons, Steven J. Golsen
S.S. or I.R.S. Identification ###-##-####
Nos. of Above Persons
(2) Check the Appropriate Box if (a) [ ]
a Member of a Group (See (b) [X]
Instructions)
(3) SEC Use Only
(4) Source of Funds (See Instruc- Not applicable
tions)
(5) Check if Disclosure of Legal
Proceedings is Required Pur-
suant to Items 2(d) or 2(e)
(6) Citizenship or Place of Organi- USA
zation
(7) Sole Voting Power 209,934
Number of Shares (8) Shared Voting Power 1,631,040
Beneficially
Owned by Each (9) Sole Dispositive 209,934
Reporting Person Power
With:
(10) Shared Dispositive 1,631,040
Power
(11) Aggregate Amount Beneficially 1,840,974
Owned by Each Reporting Person
(12) Check if the Aggregate Amount [X]
in Row (11) Excludes Certain
Shares (See Instructions)
(13) Percent of Class Represented 13.7%
by Amount in Row (11)
(14) Type of Reporting Person (See IN
Instructions)
(1) Names of Reporting Persons, Linda Golsen Rappaport
S.S. or I.R.S. Identification ###-##-####
Nos. of Above Persons
(2) Check the Appropriate Box if (a) [ ]
a Member of a Group (See (b) [X]
Instructions)
(3) SEC Use Only
(4) Source of Funds (See Instruc- Not applicable
tions)
(5) Check if Disclosure of Legal
Proceedings is Required Pur-
suant to Items 2(d) or 2(e)
(6) Citizenship or Place of Organi- USA
zation
(7) Sole Voting Power 82,552
Number of Shares (8) Shared Voting Power 1,738,592
Beneficially
Owned by Each (9) Sole Dispositive 82,552
Reporting Person Power
With:
(10) Shared Dispositive 1,738,592
Power
(11) Aggregate Amount Beneficially 1,821,144
Owned by Each Reporting Person
(12) Check if the Aggregate Amount [X]
in Row (11) Excludes Certain
Shares (See Instructions)
(13) Percent of Class Represented 13.5%
by Amount in Row (11)
(14) Type of Reporting Person (See IN
Instructions)
This statement constitutes Amendment No. 22 to the Schedule 13D
dated October 7, 1985, as amended (the "Schedule 13D"), relating to the common
stock, par value $.10 a share ("Common Stock") of LSB Industries, Inc. (the
"Company"). All terms not otherwise defined herein shall have the meanings
ascribed in the Schedule 13D.
This Schedule 13D is reporting matters with respect to the
group consisting of Jack E. Golsen, Sylvia H. Golsen, Golsen Petroleum Corpor-
ation ("GPC"), Barry H. Golsen, Steven J. Golsen and Linda Golsen Rappaport.
This Amendment No. 22 to the Schedule 13D is being filed as a
result of a change in the facts contained in Amendment 21 to the Schedule 13D,
which change may be considered a material change in the facts set forth in
Amendment 21 to the Schedule 13D. The change is due to the following:
(i) On June 14, 1995, GPC sold 10,000 shares of the Company's $3.25
Convertible Exchangeable Class C Preferred Stock, Series 2
("Class C Preferred Stock") owned of record by GPC, at a sales
price of $36.00 per share. Each share of Class C Preferred
Stock is convertible, at the option of the holder, into 4.329
shares of Common Stock at a conversion price of $11.55 per
share.
(ii) In addition to the above, reference is made to Item 5(c) of
this Amendment No. 22 for a discussion as to other transactions
in the Company's Common Stock that were effected by certain
reporting persons during the past sixty (60) days from the date
of this Amendment No. 22.
Item 1. Security and Issuer.
Item 1 of this Schedule 13D is unchanged.
Item 2. Identity and Background.
Item 2 of this Schedule 13D is unchanged.
Item 3. Source and Amount of Funds or Other Consideration.
This Item 3 is not applicable to the sale by GPC of 10,000
shares of the Class C Preferred Stock owned of record by GPC.
Reference is made to Item 5(c) of this Amendment No. 22 for a
discussion as to other transactions in the Company's Common
Stock that were affected by certain reporting persons during
the past 60 days from the date of this Amendment No. 22.
Item 4. Purpose of Transaction.
Item 4 of this Schedule 13D is unchanged.
Item 5. Interest in Securities of the Issuer.
(a) The following table sets forth the aggregate number and
percentage of the class of Common Stock of the Company identified
pursuant to Item 1 beneficially owned by each person named in Item 2:
Person Amount Percent(9)
______ _______ _______
Jack E. Golsen 3,028,477(1)(2)(6) 22.2%
Sylvia H. Golsen 2,744,116(1)(6)(7) 20.4%
GPC 1,575,132(1) 11.7%
Barry H. Golsen 1,988,155(1)(3)(6) 14.8%
Steven J. Golsen 1,840,974(1)(4)(6) 13.7%
Linda Golsen Rappaport 1,821,144(1)(5)(6) 13.5%
____________________
(1) The amount shown includes 1,618,422 shares of Common Stock
beneficially owned by GPC, which includes 533,333 shares that
GPC has the right to acquire upon the conversion of 16,000
shares of the Company's Series B 12% Cumulative Convertible
Preferred Stock ("Series B Preferred Stock") owned of record by
GPC, with each share of Series B Preferred Stock being
convertible into 33.3333 shares of Common Stock. The relation-
ship between Jack E. Golsen, Sylvia H. Golsen, Barry H. Golsen,
Steven J. Golsen, Linda Golsen Rappaport and GPC is described
in more detail in paragraph (b) of this Item 5.
(2) The amount shown includes (a) 4,000 shares of Common Stock upon
conversion of a promissory note, (b) 133,333 shares of Common
Stock upon the conversion of 4,000 shares of the Series B
Preferred Stock owned of record by J. Golsen, (c) 1,168,984
shares of Common Stock owned of record by Sylvia H. Golsen,
wife of Jack E. Golsen, (d) 33,000 shares of Common Stock Jack
E. Golsen may acquire upon exercise of a Non-Qualified Stock
Option, and (e) 25,000 shares of Common Stock Jack E. Golsen
may acquire upon exercise of incentive stock options of the
Company.
(3) The amount shown does not include (a) 533 shares of Common
Stock that Barry Golsen's wife owns, in which Barry Golsen
disclaims beneficial ownership, and (b) 65,840 shares of Common
Stock owned of record by the Barry H. Golsen 1992 Trust, of
which Barry H. Golsen is the primary beneficiary, but of which
Barry H. Golsen has no voting or dispositive control. Such
amount does include (x) 27,954 shares of Common Stock owned of
record by each of the Amy G. Rappaport Trust No. J-1 and Joshua
B. Golsen Trust No. J-1, of which Barry H. Golsen is a
Co-Trustee, (y) 26,888 shares of Common Stock owned of record
by each of the Adam Z. Golsen Trust No. J-1, Stacy L. Rappaport
Trust No. J-1, Lori R. Rappaport Trust No. J-1 and Michelle L.
Golsen Trust No. J-1, of which Barry H. Golsen is a Co-
Trustee, and (z) 5,000 shares of Common Stock which Barry H.
Golsen may acquire upon exercise of incentive stock options of
the Company.
(4) The amount shown does not include 65,840 shares of Common Stock
owned of record by the Steven J. Golsen 1992 Trust, of which
Steven J. Golsen is the primary beneficiary, but of which
Steven J. Golsen has no voting or dispositive control. Such
amount does include (a) 27,954 shares of Common Stock owned of
record by the Amy G. Rappaport Trust No. J-1, of which Steven
J. Golsen is a Co-Trustee, (b) 27,954 shares of Common Stock
owned of record by the Joshua B. Golsen Trust No. J-1, of which
Steven J. Golsen is a Co-Trustee, and (c) 5,000 shares of
Common Stock which Steven J. Golsen may acquire upon exercise
of incentive stock options of the Company.
(5) The amount shown does not include 122,297 shares of Common
Stock that Mrs. Rappaport's husband owns and 5,000 shares which
Mr. Rappaport may acquire upon exercise of incentive stock
options of the Company, all of which Mrs. Rappaport disclaims
beneficial ownership. The amount shown does not include 65,840
shares of Common Stock owned of record by the Linda F.
Rappaport 1992 Trust, of which Linda F. Rappaport is the
primary beneficiary, but of which Linda F. Rappaport has no
voting or dispositive control. Such amount does include (a)
27,954 shares of Common Stock owned of record by each of the
Amy G. Rappaport Trust No. J-1 and Joshua B. Golsen Trust No.
J-1 of which Linda F. Rappaport is a Co-Trustee, (b) 26,888
shares of Common Stock owned of record by each of the Adam Z.
Golsen Trust No. J-1, Stacy L. Rappaport Trust No. J-1, Lori R.
Rappaport Trust No. J-1 and Michelle L. Golsen Trust No. J-1 of
which Linda F. Rappaport is a Co-Trustee.
(6) Jack E. Golsen and Sylvia H. Golsen each disclaims beneficial
ownership of (a) the shares of Common Stock owned of record by
Barry H. Golsen, the shares of Common Stock that Barry H.
Golsen has the right to acquire under the Company's incentive
stock options, and the shares of Common Stock considered
beneficially owned by Barry H. Golsen as a result of his
position as trustee of certain trusts, (b) the shares of Common
Stock owned of record by Steven J. Golsen, the shares of Common
Stock that Steven J. Golsen has the right to acquire under the
Company's incentive stock options, and the shares of Common
Stock considered beneficially owned by Steven J. Golsen as a
result of his position as trustee of certain trusts, and (c)
the shares of Common Stock owned of record by Linda Golsen
Rappaport, and the shares of Common Stock considered
beneficially owned by Linda Golsen Rappaport as a result of her
position as a trustee of certain trusts. Barry H. Golsen,
Steven J. Golsen and Linda Golsen Rappaport disclaim beneficial
ownership of the shares of Common Stock of the Company
beneficially owned by Jack E. Golsen and Sylvia H. Golsen,
except for shares beneficially owned by GPC.
(7) The amount shown does not include, and Sylvia H. Golsen
disclaims beneficial ownership of (a) the 89,028 shares of
Common Stock owned of record by Jack E. Golsen, (b) the 4,000
shares of Common Stock that Jack E. Golsen has the right to
acquire upon the conversion of a promissory note, (c) the
33,000 shares of Common Stock that Jack E. Golsen may acquire
upon exercise of a Nonqualified Stock Option, (d) the 133,333
shares of Common Stock which Jack E. Golsen has the right to
acquire upon conversion of the 4,000 shares of Series B
Preferred Stock owned of record by him, and (e) the 25,000
shares of Common Stock that Jack E. Golsen may acquire upon
exercise of incentive stock options of the Company.
(8) Shares of Common Stock of the Company not outstanding, but
which may be acquired by a reporting person during the next
sixty (60) days under options, warrants, rights or conversion
privileges, are considered to be outstanding only for the
purpose of computing the percentage of the class for such
reporting person, but are not deemed to be outstanding for the
purpose of computing the percentage of the class by any other
person.
(b) The following table sets forth, for each person and
entity identified under paragraph (a), the number of shares of Common
Stock as to which the person and entity has (1) the sole power to vote
or direct the voting, (2) shared power to vote or direct the voting, (3)
the sole power to dispose or to direct the disposition, or (4) shared
power to dispose or to direct the disposition:
Sole Voting and Shared Voting
Power of and Power of
Person or Entity Disposition Disposition
----------------- ----------------- -----------------
Jack E. Golsen 284,361(1)(5) 2,744,116(2)(3)
Sylvia H. Golsen None 2,744,116(2)(11)
GPC None 1,575,132(4)
Barry H. Golsen 249,563(5)(6) 1,738,592(2)(7)
Steven J. Golsen 209,934(5)(8) 1,631,040(2)(9)
Linda Golsen Rappaport 82,552(5) 1,738,592(2)(10)
____________________
(1) The amount shown includes (a) 4,000 shares of Common Stock that
Jack E. Golsen has the right to acquire upon conversion of a
promissory note, (b) 133,333 shares of Common Stock that J.
Golsen has the right to acquire upon the conversion of 4,000
shares of the Series B Preferred Stock owned of record by him,
(c) 33,000 shares of Common Stock that J. Golsen has the right
to acquire under a Non-Qualified Stock Option, and (d) 25,000
shares of Common Stock which Jack E. Golsen may acquire upon
exercise of incentive stock options.
(2) See footnote (1) of (a) of this Item 5.
(3) The amount shown includes 1,168,984 shares of Common Stock
owned of record by Sylvia H. Golsen, the wife of Jack E.
Golsen.
(4) See footnote (1) of (a) of this Item 5.
(5) See Footnote (6) under paragraph (a) of this Item 5.
(6) The amount shown includes 5,000 shares of Common Stock which
Barry Golsen may acquire upon exercise of incentive stock
options of the Company.
(7) The amount shown does not include 65,840 shares of Common Stock
owned of record by the Barry H. Golsen 1992 Trust, of which
Barry H. Golsen has no voting or dispositive power and 533
shares of Common Stock that Barry Golsen's wife owns in which
Barry Golsen disclaims beneficial ownership. Heidi Brown Shear
is the Trustee of such trust. Such amount does include (a)
27,954 shares of Common Stock owned of record by each of the
Amy G. Rappaport Trust No. J-1 and Joshua B. Golsen Trust No.
J-1, of which Barry H. Golsen is a Co-Trustee, and (b) 26,888
shares of Common Stock owned of record by each of the Adam Z.
Golsen Trust No. J-1, Stacy L. Rappaport Trust No. J-1, Lori R.
Rappaport Trust No. J-1 and Michelle L. Golsen Trust No. J-1,
of which Barry H. Golsen is a Co-Trustee.
(8) The amount shown includes 5,000 shares which Steven J. Golsen
may acquire upon exercise of incentive stock options of the
Company.
(9) The amount shown does not include 65,840 shares of Common Stock
owned of record by the Steven J. Golsen 1992 Trust, of which
Steven J. Golsen has no voting or dispositive power. Heidi
Brown Shear is the Trustee of the trust. Such amount includes
(a) 27,954 shares of Common Stock owned of record by the Amy G.
Rappaport Trust No. J-1, of which Steven J. Golsen is a
Co-Trustee, and (b) 27,954 shares of Common Stock owned of
record by the Joshua B. Golsen Trust No. J-1, of which Steven
J. Golsen is a Co-Trustee.
(10) See footnote (5) under paragraph (a) of this Item 5.
(11) See footnotes (6) and (7) under paragraph (a) of this Item 5.
GPC is wholly owned by Sylvia H. Golsen (wife of Jack E. Golsen
and 40% owner), Barry H. Golsen (20% owner), Steven J. Golsen (20%
owner) and Linda Golsen Rappaport (20% owner). Barry H. Golsen, Steven
J. Golsen and Linda Golsen Rappaport are the children of Jack E. Golsen
and Sylvia H. Golsen. The directors and executive officers of GPC are
Jack E. Golsen, Sylvia H. Golsen, Barry H. Golsen, Steven J. Golsen and
Linda Golsen Rappaport.
(c) During the past sixty (60) days from the date of this
Amendment, the following transactions were effected in the Common Stock
by a reporting person named in response to Paragraph (a) of this Item 5:
On June 14, 1995, GPC sold 10,000 shares of the Company's
Class C Preferred Stock owned of record by GPC, at a sales
price of $36.00 per share, for an aggregate sales price of
$360,000.00. Each share of Class C Preferred Stock is
convertible into 4.329 shares of Common Stock at an exercise
price of $11.55.
On April 5, 1995, Barry H. Golsen and Steven J. Golsen each
exercised his right to purchase shares of the Company's Common
Stock under the Company's Incentive Stock Option Plans by
acquiring 12,000 shares under the ISO granted to him, at a
purchase price per share of $1.51, for an aggregate purchase
price of $18,150. As consideration for the acquisition of such
shares, Barry H. Golsen and Steven J. Golsen each transferred
to the Company $1.62 cash and 2,963 shares of the Company's
Common Stock owned by him and having a value on April 5, 1995,
the date the 2,963 shares were delivered to the Company of
$6.125 per share, for an aggregate market value of $18,148.38
(d) GPC has delivered to the Company the sum of $31,385
pursuant to the terms of Section 16(b) of the Act, such amount
representing the net profits received by GPC as a result of the sale of
10,000 shares of Class C Preferred Stock referenced in (c) of this Item
3. Also, see Item 6, below.
(e) Not applicable.
Item 6. Contracts, Agreements, Underwritings or Relationships With
Respect to Securities of the Issuer.
Item 6 of the Schedule 13D is unchanged.
Item 7. Materials to be Filed as Exhibits.
1. Client's Agreement between Jack E. Golsen and Paine Webber, Inc., is
filed as Exhibit 1 to Amendment No. 5 to the Schedule 13D and is
incorporated herein by reference.
2. Powers of Attorney executed by Barry H. Golsen, Steven J. Golsen, and
Linda Golsen Rappaport are filed as Exhibit 6 to Amendment No. 3 to the
Schedule 13D and are incorporated herein by reference.
3. Agreement of the reporting persons as to joint filing of this Schedule
13D, is filed as Exhibit 7 to Amendment No. 3 to the Schedule No. 13D
and is incorporated herein by reference.
4. Convertible Note between the Company and Jack E. Golsen filed as Exhibit
(a) to the original Schedule 13D and is incorporated herein by
reference.
5. Issuer's Proxy Statement dated July 14, 1986 setting forth the terms of
the Company's Series B 12% Cumulative Convertible Preferred Stock is
filed as Exhibit 1 to Amendment No. 1 to the Schedule 13D and is
incorporated herein by reference.
6. Non-Non-Qualified Stock Option Agreement, dated June 1, 1989, between the
Company and Jack E. Golsen, is filed as Exhibit 12 to Amendment No. 8 to
the Schedule 13D and is incorporated herein by reference.
7. Stacy L. Rappaport Trust No. J-1, is filed as Exhibit 14 to Amendment
No. 13 to the Schedule 13D and is incorporated herein by reference. The
Joshua B. Golsen Trust No. J-1, Adam Z. Golsen Trust No. J-1, Amy G.
Rappaport Trust No. J-1, Lori R. Rappaport Trust No. J-1 and Michelle L.
Golsen Trust No. J-1 are substantially similar to the Stacy L. Rappaport
Trust No. J-1, except for the names of the trustees, and copies of the
same will be supplied to the Commission upon request.
8. Barry H. Golsen 1992 Trust is filed as Exhibit 15 to Amendment No. 16 to
the Schedule 13D and is incorporated herein by reference. The Steven J.
Golsen 1992 Trust and Linda F. Rappaport 1992 Trust are substantially
similar to the Barry H. Golsen 1992 Trust, and copies of the same will
be supplied to the Commission upon request.
9. Agreement of Sylvia H. Golsen as to joint filing of this Schedule 13D is
filed as Exhibit 15 to Amendment No. 18 and is incorporated herein by
reference.
10. Customer's Agreement between Sylvia H. Golsen and Janney Montgomery
Scott Inc., dated August 13, 1993, is filed as Exhibit 12 to Amendment
No. 19 and is incorporated herein by reference.
11. Commercial Pledge Agreement, dated August 23, 1994, between CityBank &
Trust and Jack E. Golsen is filed as Exhibit 11 to Amendment No. 20 and
is incorporated herein by reference.
12. Commercial Pledge Agreement, dated December 5, 1994, between CityBank &
Trust and Sylvia H. Golsen is filed as Exhibit 12 to Amendment No. 21
and is incorporated herein by reference.
13. Customer's Agreement between Sylvia H. Golsen and Stifel, Nicolaus &
Company, Incorporated, dated March 29, 1995, is filed as Exhibit 13 to
Amendment No. 21 and is incorporated herein by reference.
14. First Amendment to Non-Qualified Stock Option Agreement, dated March 2,
1994, and Second Amendment to Stock Option Agreement, dated April 3,
1995, each between the Company and Jack E. Golsen, are filed as Exhibit
14 to Amendment No. 21 and is incorporated herein by reference.
15. Margin Account Agreement, dated September 9, 1994, between National
Financial Services Corporation ("NFSC") and Golsen Petroleum Corporation
is filed as Exhibit No. 15 to Amendment 21 and is incorporated herein by
reference. The Margin Account Agreement, dated September 9, 1994,
between NFSC and Jack E. Golsen is substantially similar to the
foregoing Margin Account Agreement, and a copy of the same will be
supplied to the Commission upon request.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement is true,
complete and correct.
DATED: June 23, 1995.
/s/ Jack E. Golsen
----------------------------
Jack E. Golsen
GOLSEN PETROLEUM CORPORATION
By /s/ Jack E. Golsen
-----------------------------
Jack E. Golsen, President
/s/ Barry H. Golsen *
-----------------------------
Barry H. Golsen
/s/ Steven J. Golsen *
-----------------------------
Steven J. Golsen
/s/ Linda Golsen Rappaport *
-----------------------------
Linda Golsen Rappaport
*Executed by Jack E. Golsen pursuant to
Power of Attorney
/s/ Jack E. Golsen
------------------------------
Jack E. Golsen
/s/ Sylvia H. Golsen
-------------------------------
Sylvia H. Golsen
MBEN:\K-M\LSB\13D\13DAMEND.22