LYDALL INC /DE/ 4
4 · LYDALL INC /DE/ · Filed Apr 22, 2005
Insider Transaction Report
Form 4
ASSEO LEE A
Director
Transactions
- Award
Option to Buy
2005-04-21+3,000→ 8,275 totalExercise: $10.54From: 2006-04-21Exp: 2015-04-20→ Common Stock (3,000 underlying) - Award
Option to Buy
2005-04-21+325→ 5,275 totalExercise: $10.54From: 2006-04-21Exp: 2015-04-20→ Common Stock (325 underlying)
Footnotes (2)
- [F1]Grant to each Outside Director in lieu of cash based retirement benefits. Options become exercisable in three annual installments begining one year from initial grant date
- [F2]Automatic grant to each Outside Director on the date of the Annual Meeting of Stockholders. Option becomes exercisable in four equal annual installments begining one year from initial grant date.