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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
_______________________
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b), (c) and (d) AND AMENDMENTS THERETO
FILED PURSUANT TO 13d-2
(Amendment No. __)/1/
LSB Industries, Inc.
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(Name of Issuer)
Common Stock, par value $0.10 per share
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(Title of Class of Securities)
502160104
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(CUSIP Number)
October 27, 2000
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
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/1/ 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 the disclosures provided in a prior cover page.
The information required in 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 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).
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Schedule 13G Forms
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<TABLE>
<CAPTION>
CUSIP No. 502160104 13G Page 2 of 5 Pages
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<S> <C>
1. NAME OF REPORTING PERSON
IRS IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
James W. Sight
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
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Number of Shares 5. SOLE VOTING POWER 680,540
Beneficially Owned By
Each Reporting Person
With
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6. SHARED VOTING POWER 0
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7. SOLE DISPOSITIVE POWER 680,540
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8. SHARED DISPOSITIVE POWER 0
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
680,540
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ]
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11. PERCENT
5.7%
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12. TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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Page 3 of 5
Schedule 13G Forms
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Item 1(a). Name of Issuer
LSB Industries, Inc.
Item 1(b). Address of Issuers' Principal Executive Offices
16 South Pennsylvania Avenue
Oklahoma City, Oklahoma 73107
Item 2(a). Name of Person Filing
James W. Sight
Item 2(b). Address of Principal Business Office
8500 College Blvd.
Overland Park, Kansas 66210
Item 2(c). Citizenship
United States of America
Item 2(d). Title of Class of Securities
Common Stock, par value $0.10
Preferred Stock, convertible into Common Stock at a ratio of 4.32
Item 2(e). CUSIP Number
502160104
Item 3. If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b) or
2(c), check whether the person filing is a:
N.A.
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Page 4 of 5
Item 4. Ownership
The following information is reported as of November 6, 2000.
The aggregate number of securities and percentage of the class of
securities of the Issuer beneficially owned by the Reporting Person named in
Item 2(a), as well as the number of securities as to which such person is deemed
to have sole power to vote or to direct the vote, shared power to vote or to
direct the vote, sole power to dispose or to direct the disposition, or shared
power to dispose or direct the disposition, is set forth in the following table:
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<CAPTION>
Power to Vote Power to Dispose
No of Securities ----------------------- -------------------
Person Beneficially Owned % of Class Sole Shared Sole Shared
------ --------------------------- ----------- ------------ --------- --------- --------
<S> <C> <C> <C> <C> <C> <C>
James W. Sight 680,540(1) 5.73 % 680,540 0 680,540 0
</TABLE>
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(1) This number represents the total holdings by the Reporting Person of
securities of the Issuer, and includes common stock and preferred
stock, on an as-converted basis. Each share of preferred stock is
convertible into 4.32 shares of common stock at the holder's option.
Item 5. Ownership of Five Percent or Less of a Class
N.A.
Item 6. Ownership of More than Five Percent on Behalf of Another Person
N.A.
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on by the Parent Holding Company
N.A.
Item 8. Identification and Classification of Members of the Group
N.A.
Item 9. Notice of Dissolution of Group
N.A.
Item 10. Certification
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are not held for
the purpose of or with
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Page 5 of 5
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.
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.
November 6, 2000
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Date
By: \s\ James W. Sight
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James W. Sight
